Why a bitcoin ETF is important?

in #bitcoin6 years ago

bitcoin etf.jpg

What is an ETF?

ETF (Exchange Traded Fund) are designed to be linked to the movement of specific asset prices such as gold, bonds and crude oil. Funds listed on exchanges and traded like stocks.

  • Advantages of Crypto-Money ETF including Bit Coin
  1. It can compensate for the weaknesses of digital wallets that are vulnerable to hacking and theft.
  • Bitcoin ETF investors can be protected by the security system added by the custodian.
  1. Efficient portfolio investment is possible.
  2. Increase the convenience of transactions.
  • Investors can easily access bitcoin funds without going through a coin exchange.

No one knows the future, but if bitcoin ETF is released in the US market, it will have a significant impact on the market.