Cryptocurrency Q&A
What is Bitcoin's EFT?
What is Bitcoin's EFT?
TaekwondoPower
Mon Dec 16 2024
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5 answers
1139
I'm interested in learning about Bitcoin's EFT. Could you explain what it is and how it relates to the cryptocurrency market? I'd like to understand its significance and potential impact on investors.
5 answers
Rosalia
Wed Dec 18 2024
The ETF's value is then determined by the performance of these Bitcoin futures contracts. As the price of Bitcoin futures fluctuates, so does the value of the ETF.
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SakuraTide
Wed Dec 18 2024
A Bitcoin futures exchange-traded fund (ETF) is a financial instrument that provides investors with exposure to the price movements of Bitcoin futures contracts through publicly traded securities.
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Stefano
Wed Dec 18 2024
The mechanism of this ETF involves an investment company setting up a subsidiary, which functions as a commodity pool. This subsidiary is responsible for managing the assets related to the ETF.
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Ilaria
Wed Dec 18 2024
Through this subsidiary, the investment company purchases Bitcoin futures contracts on the market. These contracts allow investors to speculate on the future price of Bitcoin without actually owning the cryptocurrency.
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Eleonora
Tue Dec 17 2024
BTCC is a prominent cryptocurrency exchange that offers a range of services to its users. Among these services are spot trading, futures trading, and a wallet for storing digital assets. These services cater to the diverse needs of investors in the cryptocurrency market.
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