Bitcoin ETF's Intro, What are they, Generally?
 | Background: Owning Bitcoin requires you to have a digital wallet, which contains a public and private key or “password”. These “passwords” are cryptographically generated and can’t be changed or retrieved if lost/forgotten. This puts pressure on people who own Bitcoin, and have to store, move and secure it. Especially if you’re someone holding large amounts. Bitcoin ETF’s are essentially like a stock you can buy on the stock market, but the stock owns or trades Bitcoin. This company will worry about buying, storing, trading and moving the Bitcoin. Along with remembering and securing the private keys or“password”, while you hold the “stock” like any other you may own. As with anything this will cost you money in terms of fees. Spot ETF: The company buys and holds actual Bitcoin Futures ETF: The company trades and holds contracts of Bitcoin. Why? Its a lot simpler than setting up, buying and storing yourself, however you don’t technically own any Bitcoin… You own a share of a fund or “stock” that owns or trades Bitcoin. Companies who now have an SEC Approved Bitcoin Spot ETF
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