🪙 The influx of money into #Bitcoin #ETFs is growing

Yesterday's trading session ended with an influx of $129 million, marking the fifth consecutive day of inflows into #BTC-ETFs.

However, judging by the reactions to the previous post, not all of you know what an ETF is, so here’s a special #Glossary:

📌 ETF (Exchange-Traded Fund) — a fund that holds a collection of securities based on a particular asset (in our case, Bitcoin).

💸 An ETF share is a security that guarantees the right to own a corresponding portion of the fund's asset. That is, the fund buys Bitcoin, and investors buy Bitcoin securities, bypassing all the technological difficulties associated with blockchain operations, choosing wallets, and the risk of losing coins.

Moreover, ETFs can be bought through regular brokerage accounts, making Bitcoin accessible to a larger number of potential investors and companies that do not want to take on the risks of storing cryptocurrency but want to invest in the asset.

🚀 — if you finally understand what an ETF is

#CryptoNews

Ring-ring, you have a call ☎️

#Glossary

#Glossary inspired by the 3% inflation index in the USA 🪙

This feeling often leads to hasty and high-risk decisions.

When did you experience the strongest FOMO? 🤑

#Glossary

For example, if a trader has a 70% Win Rate, it means that 70 out of 100 of their trades were profitable.

Share your WinRate in the comments 😎

#Glossary