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btc etf
A BTC ETF (Bitcoin Exchange-Traded Fund) is a type of investment fund that tracks the price of Bitcoin and is traded on traditional stock exchanges. It allows investors to gain exposure to Bitcoin’s price movements without having to directly buy, hold, or manage the cryptocurrency themselves. Instead, the fund’s shares represent ownership in Bitcoin or Bitcoin-related assets held by the fund.
Luxembourg Allocates 1% of Its Sovereign Wealth Fund to Bitcoin ETFs
Luxembourg’s Minister of Finance, Gilles Roth, announced that the country’s Sovereign Wealth Fund will allocate 1% of its portfolio to Bitcoin—making Luxembourg the first European state-level fund to formally invest in the...
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