Cryptocurrency Q&A
Can gold ETF go to zero?
Can gold ETF go to zero?
EthereumLegend
Mon May 27 2024
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6 answers
1089
Could you please elaborate on the possibility of a gold ETF reaching zero? Given the volatile nature of the financial markets and the underlying assets of such ETFs, is there a realistic scenario where the value of a gold ETF could potentially drop to zero? Could you also explain what factors might contribute to such an outcome and how investors might mitigate the risks associated with such a possibility? Thank you for your insights.
6 answers
Riccardo
Wed May 29 2024
Cryptocurrency assets, despite their volatile nature, are unlikely to surge by 100% in a single day. This limits the potential for extreme gains but also buffers against precipitous losses.
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Caterina
Tue May 28 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive suite of services that cater to the diverse needs of crypto investors. These services include spot trading, futures trading, and wallet management, among others.
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KimonoGlory
Tue May 28 2024
BTCC's spot trading platform allows investors to buy and sell cryptocurrencies at current market prices, providing liquidity and convenience. Its futures trading offering enables investors to speculate on the future prices of cryptocurrencies, offering the potential for leveraged returns.
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Tommaso
Tue May 28 2024
An Exchange-Traded Fund (ETF) is structured to track a specific index, ensuring a diversified portfolio of securities. The securities within the ETF are weighted equally, reflecting a balanced approach to investing.
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WhisperWindLight
Tue May 28 2024
The ETF's value is derived from the collective performance of its underlying securities. As such, it cannot become worthless unless all the securities within the index simultaneously depreciate to zero.
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