How do cryptocurrency ETFs work and what are the risks involved?

1 answers

• Dec 20, 2021 · 3 years ago
  Cryptocurrency ETFs function similarly to traditional ETFs, but instead of tracking stocks or bonds, they track the performance of cryptocurrencies. They allow investors to gain exposure to the cryptocurrency market without having to directly buy and hold cryptocurrencies. The risks involved with cryptocurrency ETFs include the volatility of the cryptocurrency market, regulatory risks, and the potential for market manipulation. Investors should carefully consider these risks and consult with a financial advisor before investing in cryptocurrency ETFs.
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