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> Is it just a vehicle to trade Bitcoin (as in a single cryptocurrency; BTC) on a normal stock exchange? Yes > Is it an index-weighted portfolio of BTC and o
by loveparade 3y ago
> Is it just a vehicle to trade Bitcoin (as in a single cryptocurrency; BTC) on a normal stock exchange?
Yes
> Is it an index-weighted portfolio of BTC and other (e.g. Ethereum)?
No
> Does the fund actually own BTC or is it technically a derivative like a synthetic (regular) ETF?
Yes, a spot ETF is backed by "physical" Bitcoin
- ArtTimeInvestor 3y agoHow is it "physical" when it is only an IOU from Coinbase?
- sowbug 3y agoRetail stocks are usually held in street name. That system seems to be working.