Exchange-traded funds and mutual funds allow investors to diversify portfolios. They pool money from many investors to invest in stocks, bonds, or other assets. A trust vehicle is similar, but it is typically used for specific investments, like real estate. The value of these funds is at a level that reflects the value of the underlying assets. For example, a fund may hold a portfolio of stocks, including shares of companies that invest in $BTC or $ETH . Investors can buy and sell shares of the fund, and the value of their shares will fluctuate based on the performance of the underlying assets. The net asset value of a fund is calculated by dividing the total value of the assets by the number of shares. TradFi #investing #macroeconomics