What are ETFs?
Exchange Traded Funds ("ETFs") are listed funds that
track an underlying basket of assets that typically share a similar
investment profile1, which can be a stock index,
commodity, bonds, or any basket of assets2. As the name
suggests, they are exchange traded, which means that investors can
purchase a share in the ETF in the same way that regular listed
company shares are purchased. ETFs allow investors to diversify
their portfolios without needing to buy individual stocks or
building a portfolio similar to the benchmark index. They also
enjoy lower fees as they are not typically actively managed3.
Crypto ETFS
Cryptocurrency ETFs, or crypto ETFs, are ETFs that have (a)
cryptocurrency(ies), often Bitcoin, as the underlying asset4. As
Bitcoin is the most established cryptocurrency today, most of the
developments regarding crypto ETFs have focused on Bitcoin ETFs,
and this article will focus on these. A Bitcoin ETF has been viewed
as a natural next
