Advertisement
Advertisement
ETF
abbreviation for
- electronic transfer of funds
Example Sentences
Bitcoin ETF approval has certainly been a big boost in confidence, with 21% of non-owners saying they’re more likely to invest in cryptocurrency now given the exchange-traded fund wrapper.
A spot Bitcoin ETF buys the cryptocurrency directly, "on the spot", at its current price, throughout the day.
“In Vanguard’s view, crypto is more of a speculation than an investment,” Janel Jackson, the firm’s global head of ETF capital markets, stated in the recent message, which was headlined “No bitcoin ETFs at Vanguard? Here’s why.”
The ETF it approved was limited to holding a single cryptocurrency, bitcoin, he warned, and shouldn’t be taken as a signal that the commission would look kindly on other crypto-based investment products.
Fidelity is one of the providers offering a temporary expense ratio of zero on its bitcoin ETF, for example.
Advertisement
Advertisement
Advertisement
Advertisement
Browse