Hey steemers Hope you all fine..
1)Today i made an short blog about etf how it works and what is the impact in exchange and in bitcoin ,,
2)Etf stands for ( EXCHANGE TRADED FUNDS)
WHAT IS ETF !!
An ETF.. Or exchange-traded fund, is a marketable security that tracks an index, a commodity, bonds, or a basket of assets like an index fund. Unlike mutual funds, an ETF trades like a common stock on a stock exchange. ETFs experience price changes throughout the day as they are bought and sold. ETFs typically have higher daily liquidity and lower fees than mutual fund shares, making them an attractive alternative for individual investors.
WHAT IS IMPACT ON BITCOIN IF ETF IS APPROVED !!
As everyone have knowledge about bitcoin, but someone have concept about etf
1 year back we listen about etf approval and now the time has come for approval
If etf is approved the crypto market will boom also the father of crypto currency called '' BITCOIN''
Some great resources i listen that after approval of etf bitcoin prize will knocked upto $60000 wow ..
I will wait to get your opinion..
