What is the CI Galaxy bitcoin ETF (btcx)?
Could you elaborate on the CI Galaxy Bitcoin ETF (BTCX)? I'm particularly interested in understanding what this ETF entails. I've heard it offers investors a way to gain exposure to Bitcoin without directly owning the digital asset. Is that correct? Could you explain how it works? I'm also curious about the risks involved in investing in such an ETF. Is it suitable for all investors? Finally, what are the potential returns and how do they compare to other investment options? Thank you for your time and clarifications.