Re:Winklevoss twins to offer Bitcoin ETF
by yelnatz on Monday July 01, 2013 @07:12PM
(#5974354)
An ETF is basically a bunch of money pooled in to invest in diverse stuff such as stocks, bonds, etc.
The thing is, they can be traded like stocks and their value depends on the total value of all the stuff they're holding.
If you invest in ETF it's generally safer since your investment doesn't depend on one stock (putting eggs in one basket) but you're still affected by the market.
The thing is, they can be traded like stocks and their value depends on the total value of all the stuff they're holding.
If you invest in ETF it's generally safer since your investment doesn't depend on one stock (putting eggs in one basket) but you're still affected by the market.