“A concern I always had with precious metals ETFs, is that there is about fifty times as much theoretical gold in the world as physical gold.” -Andrew Craig, in the book ‘How to Own The World’.
Categories
All articles tagged “ETF”:
“A concern I always had with precious metals ETFs, is that there is about fifty times as much theoretical gold in the world as physical gold.” -Andrew Craig, in the book ‘How to Own The World’.
An ETF (Exchange Traded Fund) is a fund, held by a custodial/manager (such as BlackRock), that can be traded like a stock. A Bitcoin ETF would be a fund that holds Bitcoin and then sells shares in this fund that represent the price of Bitcoin, which can then be traded on traditional stock markets. Someone […]