🔥 Essential blockchain knowledge: Bitcoin spot ETFs
ETF fund flows reflect the net amount of fund shares created and redeemed. They include arbitrage capital, so they can't simply be equated with new buying.
Holding an ETF and holding Bitcoin directly 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 US stock market hours.
For context, the current price of $BTC is 83570.02 (24h +0.62%).
Did you used to misunderstand this too?
#BTC
ETF fund flows reflect the net amount of fund shares created and redeemed. They include arbitrage capital, so they can't simply be equated with new buying.
Holding an ETF and holding Bitcoin directly 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 US stock market hours.
For context, the current price of $BTC is 83570.02 (24h +0.62%).
Did you used to misunderstand this too?
#BTC