March 2, 2017

why people are so excited about a bitcoin ETF

Filed under: Bitcoin — admin @ 7:29 am

exchange-traded funds (ETFs) are investment funds which are traded on stock exchanges, much like other companies shareholders own them and pay dividends. ETFs hold financial assets such as stocks, commodities, or bonds, and trade on a value which reflects its net asset value over the course of the trading day. Most ETFs track an index, commodities such as gold and oil. Lately, there is an increasing interest in the possibility that the U.S financial regulator will approve a launch of a Bitcoin ETF also known as the “Winklevoss Bitcoin Trust ETF.”

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