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Bitcoin is now the largest and most well-known cryptocurrency. This cryptocurrency has a market cap of several hundred billion dollars and as a result, has massive potential for investors. However, investing in Bitcoin is slightly different than your average investment since cryptocurrencies can t be traded on a stock exchange. Instead, bitcoin must be bought on a cryptocurrency exchange unless it is purchased through an ETF. These investment vehicles have unique pros and cons that might make them an attractive option for one investor but not another. So, what do each of these investments look like in practice? What is a Bitcoin ETF? ....
Evolve wins second Canadian Bitcoin ETF as Ontario regulator approves application Evolve Funds Group Inc has received approval to list its Bitcoin ETF. The new asset will trade under the ticker symbols “EBIT” and EBIT.U and provide direct exposure to BTC. 28354 Total views News North America’s second Bitcoin (BTC) exchange-traded fund received regulatory approval on Tuesday, offering another potential entry point for institutional investors to access digital assets. Less than three weeks after filing a preliminary prospectus for a Bitcoin ETF, Evolve Funds Group Inc announced Tuesday that its fund has been approved by the Ontario Securities Commission, or OSC. ....