What is FBTC Spot Bitcoin ETF? FBTC Spot Bitcoin ETF, or Fidelity's Bitcoin ETF, is a new investment product offered by Fidelity Investments. This ETF allows investors to buy and hold bitcoin in their traditional brokerage accounts, making it easier for them to add this digital asset to their investment portfolio. With the growing popularity and adoption of cryptocurrencies, Fidelity saw the demand for a bitcoin ETF and decided to launch FBTC Spot Bitcoin ETF to meet the needs of their clients. How Does FBTC Spot Bitcoin ETF Work? FBTC Spot Bitcoin ETF tracks the performance of bitcoin by holding the physical asset in the ETF. This means that for every share of FBTC Spot Bitcoin ETF, there is a corresponding amount of bitcoin held in the ETF. The value of the ETF will fluctuate with the price of bitcoin, allowing investors to indirectly invest in this digital currency without needing to hold it directly. Step-by-Step Guide to Buying FBTC Spot Bitcoin ETF 1. Open a tra...
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