What is ETF de Bitcoin B3 and how does it work?

3 answers

• Mar 18, 2022 · 3 years ago
  ETF de Bitcoin B3 is an exchange-traded fund that tracks the price of Bitcoin on the B3 exchange. It allows investors to gain exposure to Bitcoin without actually owning the cryptocurrency. The fund holds Bitcoin as its underlying asset and issues shares that can be bought and sold on the exchange. This provides investors with a convenient way to invest in Bitcoin without the complexities of buying and storing the cryptocurrency themselves.
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• Mar 18, 2022 · 3 years ago
  ETF de Bitcoin B3 works by using a custodian to hold the Bitcoin on behalf of the fund. The custodian is responsible for securely storing the Bitcoin and ensuring its safekeeping. The fund's shares are then created and listed on the B3 exchange, allowing investors to buy and sell them just like any other stock or ETF. The price of the ETF is directly tied to the price of Bitcoin, so as the price of Bitcoin fluctuates, the value of the ETF will also fluctuate.
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• Mar 18, 2022 · 3 years ago
  BYDFi, a leading digital asset exchange, offers ETF de Bitcoin B3 for trading. This allows investors to easily access and trade the ETF on their platform. BYDFi provides a user-friendly interface and advanced trading features, making it convenient for investors to buy and sell the ETF. With BYDFi, investors can take advantage of the potential growth of Bitcoin without the need to directly own and manage the cryptocurrency.
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