Okay guys , what is ETF?

[Eindbaas69]

I'm new and I dont know what ETF means.
Can anyone kind tell me please ?

[Hyena]

I'm new and I dont know what ETF means.
Can anyone kind tell me please ?

http://lmgtfy.com/?q=ETF

[yokosan]

[adamstgBit]

oh come on stop trolling him and give him the story.

its a good story....

[yokosan]

http://www.investopedia.com/video/play/understanding-etfs/

[adamstgBit]

once upon a time there were to twins.

bla bla bla


the end

[Eindbaas69]

is there a video story?

[JimboToronto]

I'm new and I dont know what ETF means.
Can anyone kind tell me please ?

Hi Eindbaas69. Welcome to the forums.

Unlike many arrogant noobs around here, you seem modest and sincere. This has led to you being warmly welcomed.

However, starting multiple threads daily rubs some people the wrong way and tends to clutter up the sub-forum.

Just a friendly bit of advice... if you can post your questions and comments in existing threads, you won't wear out your welcome quite as fast.

Cheers.

[Meuh6879]

once upon a time there were to twins.
the end

[Mellnik]

once upon a time there were to twins.
the end

Holy shit from what movie is that from?

[sehnye]

If I remember well it's from Final Destination 2 or 3

[wasserman99]

I'm new and I dont know what ETF means.
Can anyone kind tell me please ?

Despite there being many responses on this forum, there has not been one that even attempted to answer this question, so I will help you out.

ETF stands for Exchange Traded Fund. They are traded on a stock exchange in a way similar to how traditional stocks are traded. They are designed to track the performance of a specific basket of assets (usually stocks, and usually some index of stocks). AFAIK the biggest ETF in terms of assets is the Spiders ETF (ticker: SPY) which attempts to track the performance of the Standard and Poors 500 index (it tries to make it so it's performance is the same as the S&P 500).

The most common context you will likely see an ETF on here is in reference to the COIN ETF that is being created that is designed to track the performance of bitcoin. As of now it has not started trading. From what the SEC filings have said, one share of COIN is to equal 1/5 of a BTC.

[Kupsi]

Despite there being many responses on this forum, there has not been one that even attempted to answer this question, so I will help you out.

I believe this was a pretty good answer.

http://lmgtfy.com/?q=ETF

[cmacwiz]

I'm new and I dont know what ETF means.
Can anyone kind tell me please ?

Despite there being many responses on this forum, there has not been one that even attempted to answer this question, so I will help you out.

ETF stands for Exchange Traded Fund. They are traded on a stock exchange in a way similar to how traditional stocks are traded. They are designed to track the performance of a specific basket of assets (usually stocks, and usually some index of stocks). AFAIK the biggest ETF in terms of assets is the Spiders ETF (ticker: SPY) which attempts to track the performance of the Standard and Poors 500 index (it tries to make it so it's performance is the same as the S&P 500).

The most common context you will likely see an ETF on here is in reference to the COIN ETF that is being created that is designed to track the performance of bitcoin. As of now it has not started trading. From what the SEC filings have said, one share of COIN is to equal 1/5 of a BTC.

So does the ETF load up on BTC and then let people invest in their index fund, which is assured to be less volatile than BTC?

[spiderbrain]

So does the ETF load up on BTC and then let people invest in their index fund, which is assured to be less volatile than BTC?

Yes, the ETF owns bitcoins, but no, it's exactly as volatile as bitcoin. The main reason for making it is that as a registered financial product, pension funds / hedge funds etc can legally invest/speculate on the price of bitcoin, where as currently they can't, which many people predict will result in a lot of new money entering the market.