How ETFs can bring Bitcoin over $35K
What are Exchange Traded Funds (ETFs) and why do they matter? According to Investopedia, an ETF is a marketable security that tracks an index, a commodity, bonds, or a basket of assets like an index fund. ETFs typically own the underlying assets (such as Bitcoin) and turn that ownership into shares. The great thing about ETFs is the simplicity of access via the public stock exchanges. Buying and selling ETFs is just as simple as buying and selling stocks.