What is ETF ?

in #bitcoin6 years ago

ETF stands for (exchange traded fund) and describes a kind of investment fund where the price of assets like gold stocks and oil can be tracked. These assets can then be traded on exchanges just like conventional stocks. What this means is that investors have the option of buying and selling their holdings in this exchange etf-b.jpgtraded funds to other investors via the stock exchange

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How does it influence bitcoin price?