btcetf

1. The full name of ETF is exchange traded fund. It is an open-end fund that follows the price behavior of basic assets or a basket of assets and is listed and traded in the exchange with variable fund shares. Some ETFs are backed by cash, while others are backed by physical assets themselves. ETF is a very popular financial derivative in the financial market
in short, bitcoin ETF tracks the price of bitcoin. If the price of bitcoin ETF goes up, then the price of bitcoin goes up; On the contrary, if the price of bitcoin falls, the price of bitcoin ETF will fall. The difference between bitcoin and bitcoin ETF is that we don't have to worry about the bitcoin in our wallet being stolen by hackers, and we don't have to worry about where our bitcoin should be stored. This is a promotion on the technical level. If we buy bitcoin ETF, we will no longer have to learn how to operate bitcoin on the computer.

2. Contracts can be understood as futures, magnifying the benefits and risks by several times. Hot money, celletf and okex can play.

3. It does not exist. The reason why it is called long and short is that the corresponding relationship between the rise and fall of the two is different from that of the underlying currency. For example, the rise and fall of BTC is 1% after position adjustment. Without considering the triggering of irregular position adjustment, the rise and fall of btc3l's net value is 3%, and the rise and fall of btc3s's net value is - 3%. Therefore, btc3l is called BTC long and btc3s is called BTC short. In the actual transaction, the two can be understood as two completely different spot currencies, and the profit method is the same as other currencies in the spot market.

4.

ETF, fully known as "trading type open-end index fund", is a kind of open-end fund listed and traded on the exchange with variable fund shares. Investors can not only apply for or redeem fund shares from fund management companies, but also buy and sell ETF shares at the market price in the exchange. ETF is the bitcoin holder's consignment of bitcoin spot to the fund company, and then the fund company relies on it to publicly issue fund shares in the exchange and sell them to all kinds of investors. In addition, banks and brokers will be responsible for underwriting

in short, bitcoin ETF is to securitize bitcoin into an open-ended fund proct that can be bought on the exchange

the successful application of bitcoin ETF means that:

1. The successful application of bitcoin ETF will first lower the threshold of bitcoin transaction and bring a lot of money to the bitcoin trading market

2. It will accelerate the development of cryptocurrency instry and promote asset custody

3. ETF is equivalent to telling the public that bitcoin has been officially recognized as a legal asset class, changing people's overall view on the regulatory risk of cryptocurrency, which will accelerate the public's acceptance of cryptocurrency represented by bitcoin

the launch of any ETF proct will naturally stimulate its underlying proct market, because on the one hand, the underlying proct is most suitable for hedging ETF price fluctuations, and on the other hand, ETF purchase and redemption will inevitably involve buying and selling entity bitcoin. If the 15th application is passed, it will be a healthy development. In the next step, there will be more demand for derivatives, such as ETF options

5. For example, when the current price of bitcoin is $7000, you think bitcoin will rise. At this time, the net value of btc3x fund is 1. Therefore, you have applied for 1000 shares of btc3x fund with $1000. The next day, bitcoin rose to $7700, or 10%. Because btc3x is triple leverage, the net value of btc3x fund is 1.3, so you made a profit of 30%, that is to say, you made a profit of $300.

6. BTC can only transfer money to BTC wallet. Unless an app can support multi currency wallets.

7. After registration, log in celletf and choose legal currency transaction to purchase BTC directly

8. Digital currency has only played BTC leverage ETF and cell leverage ETF. Cell leverage currency is more and there is arbitrage mechanism

9. Fire coin has no ETF, so it can't be reversed. Now BTC's ETF only has bitoffer, including eth