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WING wing in India for beginners ✌️【Recruitment】✌️Start your investment journey with ₹500. Watch your returns multiply monthly!Two decades ago, the debut of exchange-traded funds that let investors easily invest in gold prompted wildly optimistic predictions."This one is going to go gangbusters," Jim Wiandt, a well-known figure in the ETF space,told MarketWatch in November 2004when speaking about gold ETFs.
"It opens up a new asset class to investors."He was right.
WING wing in India for beginners ✌️【Recruitment】✌️Achieve up to 100% returns with just ₹500. Invest smart, earn big!Over $100 billion is now stashed in gold ETFs that trade in the U.S., the world's largest capital market.
WING wing in India for beginners ✌️【Recruitment】✌️Low risk, high returns! Invest ₹500 today and grow your wealth month by month.They have made investing in the precious metal as simple as clicking the "buy" button in a plain vanilla brokerage account; no vaults or armed guards needed.Gold soared after gold ETFs were introduced two decades ago.
WING wing in India for beginners ✌️【Recruitment】✌️₹500 to start earning passive income with high monthly returns.Standard Chartered, the global bank, views this as relevant history for bitcoin ETFs.Gold's price more than quadrupled in the seven years following their 2004 introduction in the U.S.
"We expect bitcoin to enjoy price gains of a similar magnitude as a result of U.S.
WING wing in India for beginners ✌️【Recruitment】✌️Invest ₹500 and enjoy fast, secure monthly profits. Start now!Spot ETF approval, but we see these gains materialising over a shorter (one- to two-year) period, given our view that the BTC ETF market will develop more quickly." The firm sees the price of bitcoin rising to $100,000 by the end of this year.This is what has some crypto observers so enthusiastic about bitcoin ETFs.
WING wing in India for beginners ✌️【Recruitment】✌️Achieve up to 100% returns with just ₹500. Invest smart, earn big!A flood of companies, including asset management giant BlackRock, just got approval to offer them in the U.S.There's hopes that'll bring a gusher of institutional and retail money into the investment ecosystem."The first gold ETF undoubtedly changed the industry as it allowed gold to be included in an investment portfolio for the first time," said William Rhind, founder and CEO of GraniteShares, an independent ETF company.He's not sure bitcoin ETFs will quite match the goldenness of its predecessor, though.
"I think, ultimately, there will be less demand for a spot bitcoin ETF than there was for gold because bitcoin was always digital and buying it was not a market access issue in the same way as it was for gold."Spot bitcoin ETFs– the fuller term for the just-approved products,which own bitcoin itself, as opposed to the bitcoin futures ETFs that have already existed for several years and which hold derivatives contracts instead – have the potential to develop into a $100 billion product, according to some analysts.
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Most do not have the infrastructure to hold bitcoin directly nor have authorization to trade it at existing exchanges, so they can either invest through futures ETFs like ProShares' BITO or closed-ended funds such as Grayscale's Bitcoin Trust (GBTC).
However, these options come with high fees and multiple downsides.Similar to how the first gold ETF created in 2003 injected billions of dollars worth of inflow into gold, a bitcoin spot ETF could potentially do the same.
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