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How does the Bitcoin ETF work? Why did the SEC choose to continue to delay the ETF?

How does the Bitcoin ETF work? Why did the SEC choose to continue to delay the ETF?

There are currently two main types of Bitcoin ETFs, so let's take a look at the principles and advantages and disadvantages of each of them.

In just over a decade, Bitcoin has become a world-renowned investment asset. So, as part of retirement plan, you can now even add Bitcoin to your IRA.

According to US media statistics, at the beginning of this year, Tesla CEO Musk bought 46,000 bitcoins at an average price of $32,600. In the first quarter of this year, he sold 10% of his bitcoin holdings at a price close to historical highs of US$59,100, or 4600 bitcoins, bringing in revenue of US$272 million, and achieved 1.01 in the first quarter. Billion dollars in pre-tax profit.

Gold ETF Fund (Exchange Traded Fund) is a gold-based assets

Fund costs and transactions

Global overviews and Requisition Redemption

Delivery standards and Net asset value

4 Biggest Advantages of ETF funds You Must Know