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Educational Byte: What is a Crypto ETF?
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This story was originally published on HackerNoon at: https://hackernoon.com/educational-byte-what-is-a-crypto-etf.
Crypto ETFs let you follow crypto prices through regular stock markets, but they also have important downsides. Let’s learn more about them.
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Crypto ETFs are a type of investment fund that tracks the price of a specific cryptocurrency. They are highly regulated and can be bought through regular brokerage accounts. They can also be used to hold actual cryptocurrencies on behalf of their clients.