Crypto Tickers: BTC, BLK Trending Hashtags: #Bitcoin #ETF #Nasdaq What is an ETF? An ETF, or exchange-traded fund, is a type of investment fund that holds a basket of assets such as stocks, commodities, or in this case, Bitcoin. It allows investors to buy and sell shares of the fund on a stock exchange, providing them with exposure to the underlying assets without actually owning them. Introduction of iShares Bitcoin Trust ETF The iShares Bitcoin Trust ETF, launched by BlackRock, one of the world's largest asset management firms, began trading options on Nasdaq on June 17th, 2021. This marks a significant milestone for the cryptocurrency industry as it further legitimizes Bitcoin as a mainstream asset. What Does This Mean for Bitcoin? The introduction of the iShares Bitcoin Trust ETF provides a new way for investors to gain exposure to Bitcoin. It also opens up the possibility for more institutional investors to enter the market, potentially d...
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