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Crypto ETF

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By definition, an Exchange Traded Fund or ETF is a security used to track assets such as commodities, bonds, equities, or in this case cryptocurrencies. By principle, ETFs take custody of an asset and issue shares that represent ownership of the underlying assets. Shareholders are therefore able to own an asset without having to hold the assets physically. In the case of a Bitcoin ETF, investors are now allowed to hold Bitcoin without having to mine or trade on cryptocurrency exchanges.