A few things to know about spot Bitcoin ETFs:
1) ETF inflows and redemptions are tallied by U.S. trading day, so there are no flow data on weekends.
2) Spot Bitcoin ETF issuers hold Bitcoin directly. Investors can gain exposure to Bitcoin’s price by buying and selling fund shares through a securities account.
3) Holding an ETF and holding Bitcoin yourself each have their pros and cons: ETFs save you the hassle of managing private keys, but charge management fees and can only be traded during U.S. stock market hours.
Coin mentioned in the article: $BTC . Current price: 82821.79, 24h: -0.27%.
#BTC
NFA, DYOR.
1) ETF inflows and redemptions are tallied by U.S. trading day, so there are no flow data on weekends.
2) Spot Bitcoin ETF issuers hold Bitcoin directly. Investors can gain exposure to Bitcoin’s price by buying and selling fund shares through a securities account.
3) Holding an ETF and holding Bitcoin yourself each have their pros and cons: ETFs save you the hassle of managing private keys, but charge management fees and can only be traded during U.S. stock market hours.
Coin mentioned in the article: $BTC . Current price: 82821.79, 24h: -0.27%.
#BTC
NFA, DYOR.