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The main point of the vehicle is to make it easier to trade BTC by removing the need to acquire BTC directly and by allowing trading to occur on conventional fi
by foobarqux 12y ago
The main point of the vehicle is to make it easier to trade BTC by removing the need to acquire BTC directly and by allowing trading to occur on conventional financial markets.
It is difficult, for example, for investors to trade physical gold because it is difficult to acquire and store, difficult to trade in smaller amounts, and does not trade on conventional markets. Gold ETFs solve these problems.