What are crypto ETFs?

We get crypto ETFs. Crypto ETFs allow investors to gain exposure to cryptocurrencies without actually owning the digital asset. Essentially, they track the performance of cryptocurrencies, such as Bitcoin or Ethereum, and mirror the assets’ price movements.

What is crypto & how does it work?

Crypto is an umbrella term to categorize the vast ecosystem of blockchain protocols that has emerged since the creation of Bitcoin bitcoin +1.1% BTC 0.0%, the original cryptocurrency, in 2008. Admittedly, this term and much of the jargon used to explain the industry can be overwhelming, especially to readers with a limited background in technology.

What is a single-asset crypto ETF?

Single-asset crypto ETFs focus on one type of cryptocurrency, such as Bitcoin or Ethereum. These ETFs provide direct and concentrated exposure to the price movements of a specific digital asset, making them suitable for investors with a firm belief in the future performance of that particular cryptocurrency.

What is a cryptocurrency system?

According to Jan Lansky, a cryptocurrency is a system that meets six conditions: The system does not require a central authority; its state is maintained through distributed consensus. The system keeps an overview of cryptocurrency units and their ownership. The system defines whether new cryptocurrency units can be created.