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Bitcoin ETFs
Type_45
Posts: 1,723 Forumite
Can anyone explain how Bitcoin ETFs will work? What does this mean? How likely is it that this will happen?
I am assuming what this means is:
- ETFs are pools of funds, which are then invested in companies in predetermined amounts
- Bitcoin will be added as part of this set portfolio. ie, it's just another asset class that the fund invests in
- Bitcoin will then see a flood of money coming into it which will raise the price of Bitcoin across the board
Amirite?
I am assuming what this means is:
- ETFs are pools of funds, which are then invested in companies in predetermined amounts
- Bitcoin will be added as part of this set portfolio. ie, it's just another asset class that the fund invests in
- Bitcoin will then see a flood of money coming into it which will raise the price of Bitcoin across the board
Amirite?
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