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Bitcoin => Press => Topic started by: LiteCoinGuy on August 24, 2015, 03:27:42 PM



Title: [2015-08-24] http://bravenewcoin.com: How Bitcoin ETF's are Opening Markets
Post by: LiteCoinGuy on August 24, 2015, 03:27:42 PM
How Bitcoin ETF's are Opening Markets

An upcoming Korean Exchange Traded Fund (ETF) that tracks the price of Bitcoin has been announced by asset management firm Korea Investment Management,  a subsidiary of Korea Investment Holdings Co (KIH). Started in 2002, KIH has more than $21B USD under management.

ETF’s track 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.

http://bravenewcoin.com/news/how-bitcoin-etfs-are-opening-markets/