A Bitcoin ETF is an investment fund that mimics the fluctuations of Bitcoin or assets relative to the price of Bitcoin and is traded and securitized by companies on traditional exchanges instead of conventional cryptocurrency exchanges. In theory, through this fund, institutions can freely buy, sell and invest in coins without legal entanglements.



The purpose of Bitcoin ETFs is to make it possible for retail investors and investors who don't want to invest in cryptocurrencies to trade Bitcoin without actually owning them. However, the US Security and Exchange Commission (SEC) has always rejected these proposals, so as of now, there are no ETFs that directly represent a cryptocurrency.

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