What is a Bitcoin ETF?

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good morning Lions I trust you're safe and well in today's video I'll touch on what is an ETF.

since the latest announcement of the first US Bitcoin ETF was announced it's created alot of FOMO and caused a Bitcoin Pump.

lets take a look into what that is.

This is not financial advice and viewers are urged to undertake their own research or seek professional financial services

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7 comments
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Really useful info @melbourneswest. People should really go in with their eyes open. There are risky investments, and then there's just gambling. I'm staying well away from ETFs myself. !PIZZA

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it was useful, thank you
btw what do you think about Btc itself? it's rather unpredictable, like eberything in cryptoworld, but still, what's the prize will be maximum before it will fall for the next some years as it was before? and when should we wait for this max price?

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I think that's hard to say, I think it will continue to grow and we can see from publicly available data is that there a large amount of companies buying in. So I think it will continue to grow over time but most likely will experience a price correction maybe in December.

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Another opportunity for the mainstreamization (I invented the word) of bitcoin. However, it may be also a way of not buying bitcoin...we will see

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It's a pretty good video. I would like to note that there are fees with each ETF. It's like the manager's fee for managing and tracking the price so it is generally better to individually buy the asset (BTC).

Posted Using LeoFinance Beta

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Sorry brother thought I responded. Yup, it's all just a fee game. It's ridiculous.

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