Three years after the infamous „crypto winter” of early 2018, Bitcoin has surged to nearly triple its previous $20,000 high water mark, and has surpassed a $1 trillion market cap—making it by far the largest cryptocurrency in an overall crypto market worth $2 trillion.
With more mainstream popularity than ever, many new people are interested in acquiring some Bitcoin. But many of the crypto-curious still view buying Bitcoin from an exchange as an intimidating and opaque process. The technical aspects of holding Bitcoin—such as crypto wallets, Bitcoin addresses and private keys—are confusing to newcomers, and scare some investors away.
All of this has intensified the appeal of a Bitcoin ETF, or exchange-traded fund. And while Canada now boasts three Bitcoin ETFs, the U.S. still has yet to approve any for trading.
What is an ETF?
An ETF is an investment vehicle that is publicly traded, like a stock, but tracks an underlying asset or index, rather than one company.
An ETF is a
Źródło: https://decrypt.co/12006/what-is-bitcoin-etf-explained-guide-learn-easy
