【Crypto Classroom】What is a Bitcoin ETF? A beginner's guide that anyone can understand.
Is Trump going to issue an ETF? What is an ETF? Do you often hear the term “Bitcoin ETF” but are not quite sure what it is? Don’t worry, this article will explain it in the simplest way: What is an ETF? What is a Bitcoin ETF? And what does it mean for ordinary investors? 「Follow for updates」
🥇 1. What exactly is an ETF?
ETF stands for Exchange Traded Fund, which is called “交易型开放式指数基金” in Chinese.
In simple terms, an ETF is a type of “fund” that can be bought and sold on a stock exchange. You can think of it as a collection of stocks, bonds, gold, or other assets. For example, if you want to invest in a basket of tech stocks but don’t want to buy them individually, you can buy a “Tech ETF”. Essentially, it’s a tool to help you diversify risk and save time.
