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ETF

abbreviation for

  1. electronic transfer of funds
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


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Example Sentences

A spot Bitcoin ETF buys the cryptocurrency directly, "on the spot", at its current price, throughout the day.

From BBC

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.

Those prices do not track as closely as a straight-up bitcoin ETF.

Some ETFs already contain Bitcoin indirectly - but a spot Bitcoin ETF will buy the cryptocurrency directly, "on the spot", at its current price, throughout the day.

From BBC

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