I would like to understand the purpose of
Bitcoin in the context of EFT. Specifically, what role does Bitcoin play in EFT transactions or processes?
6 answers
ZenBalanced
Tue Dec 03 2024
These securities are traded openly on the market, providing investors with a straightforward way to invest in bitcoin futures without directly purchasing the underlying contracts.
CryptoSavant
Tue Dec 03 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services that cater to the needs of bitcoin investors. In addition to spot trading, BTCC provides access to futures contracts, allowing traders to speculate on the future price of bitcoin.
BitcoinBaroness
Tue Dec 03 2024
The ETF structure is set up by an investment company, which establishes a subsidiary specifically for this purpose.
alexander_rose_writer
Tue Dec 03 2024
This subsidiary functions as a commodity pool, aggregating funds from multiple investors to invest in bitcoin futures contracts.
Elena
Tue Dec 03 2024
A
Bitcoin futures exchange-traded fund (ETF) operates by issuing securities that allow investors to gain exposure to the fluctuations in the prices of bitcoin futures contracts.