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UNIA fund traded on a stock exchange that tracks a cryptocurrency’s price, so people can invest through a normal brokerage account.
Crypto Reviewed by Keshav Aggarwal · Updated
In simple words
Imagine you want to own gold but don’t want to keep gold bars at home. You buy a share of a big locker that holds gold for you.
A crypto ETF is that locker, holding bitcoin or ether instead of gold.
The technical side
An exchange-traded fund holds an asset and issues shares that trade on a stock exchange. In January 2024 the US SEC approved the first spot bitcoin ETFs, from BlackRock, Fidelity and others; spot ether ETFs followed in July 2024. Daily inflows and outflows are watched as a sign of big investors’ demand.
ETF holders do not hold the coins themselves and pay yearly fees. Follow the news on NewsFeeds: ETFs.
Crypto ETF kya hai?
Crypto ETF share market pe milne wala fund hai jo Bitcoin ya Ether ke daam ke saath chalta hai. Coin khud rakhne ki zaroorat nahi.
Not investment advice. Crypto tokens can lose all their value. Read the risk disclaimer.