Reading this post from @south_korea_ln

I decided to look into ETFs, I've never really been interested in this topic because I haven't seen anything about it in the Bitcoin articles I've read, obviously this ETF nonsense has nothing to do with Bitcoin. Here we see explanations and recommendations that obviously contradict each other. In reality Bitcoin has nothing to do with the stock market, nothing to do with investments, nothing to do with profitability as they show it.

That's why a statement or question made about this matter has no logic, nor does it try to explain. It's like throwing pearls before pigs

The explanation begins

"A Bitcoin ETF is an exchange-traded fund that tracks the price of Bitcoin. Unlike buying Bitcoin directly, where the investor owns the cryptocurrency, an ETF (an Exchange-Traded Fund) allows investors to gain exposure to its value without actually owning it. This is done through a product that can be easily bought and sold on traditional stock markets."

Advantages of investing in Bitcoin ETFs

" With an ETF you make it easier for anyone to enter the market, without having a wallet or having to open an account in an exchange"

The contradictions begin

"Investing in Bitcoin ETFs is not a particularly complex process, but you must take into account several considerations before doing so. The first step is to know if these Bitcoin ETFs are really for you or if they are too risky and volatile for your risk profile"

" ETF structure: as we have mentioned before, some ETFs invest directly in Bitcoin, while others can use derivative instruments to gain exposure to the price of Bitcoin."

"Commissions: since we are talking about ETFs, it is likely that their commissions are very low, but you should still take a look and compare them with each other. Remember that commissions negatively affect your long-term profitability. We recommend that you use the ETF comparator in Finect."

"Performance: While past performance is no guarantee of future results, it can offer some perspective on how the ETF has handled the volatility of the cryptocurrency market. Look at the ETF's performance history, its biggest drawdown, its tracking error, etc. Also learn about the ETF's manager."

FAMOUS FAQs

"Are Bitcoin ETFs safe? While ETFs eliminate many of the risks associated with directly purchasing Bitcoin, investors are still exposed to the volatility of the cryptocurrency market."

"How do Bitcoin ETFs compare to other forms of cryptocurrency investment? ETFs offer a more accessible and regulated way to invest in Bitcoin, unlike direct cryptocurrencies that require more complex security management."

"What are the fees associated with Bitcoin ETFs? Fees vary by ETF, so it's important to do your research and compare options before investing."