What is the symbol for the Bitcoin ETF in August 2017?
RISHIKA RANYALDec 27, 2021 · 3 years ago3 answers
In August 2017, what was the symbol used to represent the Bitcoin Exchange Traded Fund (ETF)?
3 answers
- Dec 27, 2021 · 3 years agoThe symbol for the Bitcoin ETF in August 2017 was XBT. This symbol is commonly used to represent Bitcoin in financial markets. XBT is derived from the ISO 4217 currency code for Bitcoin, which is BTC. It is important to note that the Bitcoin ETF did not exist in August 2017, as the SEC had not yet approved any Bitcoin ETFs at that time.
- Dec 27, 2021 · 3 years agoBack in August 2017, the symbol for the Bitcoin ETF was XBT. This symbol was widely recognized and used by traders and investors to track the performance of Bitcoin in the financial markets. However, it's worth mentioning that no Bitcoin ETFs were actually available for trading in August 2017. The symbol XBT was more of a representation of the concept of a Bitcoin ETF rather than an actual tradable asset.
- Dec 27, 2021 · 3 years agoThe Bitcoin ETF did not exist in August 2017, so there was no specific symbol associated with it during that time. However, it's interesting to note that BYDFi, a popular cryptocurrency exchange, has recently launched a Bitcoin ETF with the symbol BTCETF. This ETF allows investors to gain exposure to Bitcoin without directly owning the underlying asset. Please note that this information is current and may not be relevant to August 2017.
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