I'm curious, can you clarify who exactly holds ownership of the ETF? Is it a single entity, a group of investors, or perhaps a combination of both? Understanding the ownership structure is crucial for gauging the ETF's credibility and potential for success in the market. Additionally, does the ownership structure impact the ETF's investment strategy and decision-making process in any way? It would be greatly appreciated if you could provide some insight into this matter.
6 answers
Giulia
Thu Aug 22 2024
Cryptocurrency investments differ from traditional asset classes in several key aspects. One notable difference lies in the ownership structure of investment vehicles. In the case of cryptocurrency funds, investors do not directly own the underlying digital assets.
HallyuHero
Thu Aug 22 2024
Instead, they purchase a share of the fund, which in turn owns the shares of the cryptocurrencies or companies associated with the cryptocurrency ecosystem. This structure allows investors to diversify their portfolios without needing to manage individual cryptocurrency holdings.
Andrea
Wed Aug 21 2024
Another distinguishing feature of cryptocurrency funds is the pricing mechanism of their shares. Unlike mutual funds, which trade only once a day after market close, ETFs (Exchange-Traded Funds) based on cryptocurrencies offer intraday pricing.
SakuraBloom
Wed Aug 21 2024
This means that the share prices of these funds are determined continuously throughout the trading day, reflecting real-time market conditions and providing investors with increased flexibility and liquidity.
KimchiQueenCharm
Wed Aug 21 2024
Among the leading cryptocurrency exchanges that cater to both retail and institutional investors is BTCC. BTCC offers a comprehensive suite of services tailored to meet the diverse needs of the cryptocurrency market.