Cryptocurrency Q&A
What is a bitcoin fund?
What is a bitcoin fund?
CryptoTamer
Sat Dec 21 2024
|
7 answers
1574
I've been hearing a lot about Bitcoin recently, and I'm curious to understand what a Bitcoin fund is. Could someone explain to me the concept, how it works, and its potential benefits or risks?
7 answers
Giulia
Mon Dec 23 2024
The primary objective of the Fund is to deliver returns that mirror the performance of Bitcoin's price.
Was this helpful?
346
70
CryptoAlchemy
Mon Dec 23 2024
Before any fees and expenses are considered, the Fund strives to maintain this correlation.
Was this helpful?
253
36
Nicola
Mon Dec 23 2024
The Fund offers investors an opportunity to gain exposure to Bitcoin.
Was this helpful?
164
80
Davide
Mon Dec 23 2024
The Fund's return is calculated using a specific benchmark.
Was this helpful?
90
72
Elena
Mon Dec 23 2024
This benchmark is the CME CF Bitcoin Reference Rate (BRR).
Was this helpful?
291
90
Load 5 more related questions
