The below article is the best explanation of a Bitcoin ETF I have seen so far. A Bitcoin ETF is an Exchange Traded Fund. It would be a game changer in terms of making Bitcoin a legitimate asset class. While the true believers already accept that Bitcoin is a legitimate asset class, there are trillions of dollars in other realms such as stocks, bonds, gold, etc that are still not onboard. Rather than repeating the article, I suggest you tap the article below for a complete understanding of what an ETF is and why this so important for the evolution of Bitcoin. HODL everybody.
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From @clayrawlings