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Bitcoin ETF: What we all know to date (2019)
Bitcoin Investment Trust (GBTC), described as “the primary publicly quoted securities solely invested in and deriving worth from the worth of bitcoin” is an funding automobile that allows traders within the public eye to purchase Bitcoin in a regulated and guarded surroundings.
GBTC is the closest funding automobile you’ll get to an exchange-traded fund (ETF). it’s because it permits traders and merchants in Bitcoin with out having to stress about the place to retailer it and preserve if protected from fraudulent people who would a lot slightly have your belongings.
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