Bitcoin ETF, what is it really?

[CoinsGazer]

In the long run, it is definitely good.
ETF is an exchange-traded fund. The Bitcoin ETF is equivalent to a fund product that directly targets the benchmark bitcoin price index. Once this fund product is launched, investors can easily invest in Bitcoin in the securities market.

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[BitcoinPanther]

In the long run, it is definitely good.
ETF is an exchange-traded fund. The Bitcoin ETF is equivalent to a fund product that directly targets the benchmark bitcoin price index. Once this fund product is launched, investors can easily invest in Bitcoin in the securities market.

Though we saw a lot of bitcoin etf proposals rejected by the SEC last month alone (which includes Direxion, ProShares & GraniteShares), we are still hopeful that among strongest contender, Van Ack Solid X Bitcoin ETF, will see the light soon.

And with the US SEC suspending the trade of Swidish Bitcoin investing instrument (Bitcoin Tracker One), there's a lot of speculation that they seem to be clearing the air for an upcoming approval of a US approved bitcoin ETF.

Let's just hope that the proposals under review as of the moment comes strong against SEC's worry of price manipulation.

[Irfansyed]

. The ETF is not needed to progress the technology behind cryptocurrencies, blockchain. we don't need the bitcoin ETF. We just eagerly waiting for the strong market.your dlive video always perfect and very important every steemians.

[Rohtox]

bitcoin ETF is important in my opinion because with that news might make people sure to invest in bitcoin and it will definitely be big news this year and prices will rise again if it is approved.