Bitcoin ETFs have hit the market and they’re all the rage. Why though? Let’s find out.
ETF stands for Exchange Trade Funds. As an investor, you can either go for a short term investment — where your investments can be converted into cash easily in a short span of time, or you can go for long term investments like stocks and commodities, where you hold you investments for long and wait for them to grow to a targeted value.
Through ETFs though, one can buy or sell funds throughout the day. These are basically a basket of marketable securities that can be used as an investment. The value of ETFs depend on their market index, and the person investing in ETF owns a share in the underlying assets within that particular index. ETFs are similar to mutual funds but traded like a common stock on the stock exchange.
Read More: https://cryptoflash.io/posts/620350
