Cryptocurrency Q&A
What is Bitcoin ET?
What is Bitcoin ET?
Eleonora
Fri Nov 22 2024
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5 answers
379
I'm interested in understanding what Bitcoin ET is. Could someone please explain the concept and its significance in the cryptocurrency world?
5 answers
Pietro
Sat Nov 23 2024
A Bitcoin futures exchange-traded fund (ETF) provides investors with a unique opportunity to gain exposure to the price movements of bitcoin futures contracts through publicly traded securities.
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Pietro
Sat Nov 23 2024
BTCC is a leading cryptocurrency exchange that offers a range of services to its customers. These services include spot trading, futures trading, and a wallet service, making it a one-stop-shop for all your cryptocurrency needs.
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Alessandro
Sat Nov 23 2024
The ETF operates by having an investment company set up a subsidiary, which functions as a commodity pool. This subsidiary is responsible for managing the pool's assets and investing in bitcoin futures contracts.
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Stefano
Sat Nov 23 2024
The value of the ETF is closely tied to the performance of the underlying Bitcoin futures contracts. As the price of these contracts fluctuates, so does the value of the ETF.
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Riccardo
Sat Nov 23 2024
Investors can buy and sell shares of the ETF on major stock exchanges, allowing them to gain indirect exposure to the bitcoin market without actually owning any bitcoin themselves.
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