Hello to my friends who love life and keep smiling despite all kinds of negativity. In this article, I will talk about the "Exchange Traded Fund (ETF)" that we will hear frequently in the coming days.

Let's start…

Exchange Traded Fund (ETF) are investment instruments that allow investors to enter a specific market without the risk of buying the asset itself.

The emergence of global perception surrounding blockchain technology, increased interest in cryptocurrencies, led financial institutions to enter the market. This makes EFTs a new option for investors who do not know the cryptocurrency markets well but want to invest.

Since 2016, more than 10 applications have been submitted to the US Securities and Exchange Commission (SEC) for cryptocurrency ETFs. All of these are in standby status. But a few weeks ago in Canada, the Ontario securities commission was named Evolve Funds Group Inc. and Purpose Investments Inc. companies approved for Bitcoin ETF. This is a very important development. Because if ETFs starting in Canada are successful, it will be easier to get approval from the US Securities and Exchange Commission (SEC).

ETFs will legitimize cryptocurrencies, especially Bitcoin. It will attract many investors who do not know the cryptocurrency markets.

Advantages for investors who do not know blockchain technology;

They do not have to create a wallet; The absence of complex operations such as the security of the wallet to be used, its storage, and the presence of private keys.

Investors will invest, thanks to authorized firms and consultants, and will be insured against hacker risks. Because their assets will be under the guarantee of the company.

Thanks to the widespread use of cryptocurrencies, the flow of money will increase significantly, and robust blockchain projects will be more valuable.
Since ETFs carry out basic and technical analysis of the cryptocurrencies they will buy for their porphyry, investors will deposit their money in confidence. There will be a decrease in the number of projects we call Scam.

Blockchain ETFs carry inherent risks such as poor performance, incompatibility, or the failure of the Blockchain ecosystem. While there is an increasing level of acceptance for blockchain systems, this technology is still in a new stage and depends on the development of the overall ecosystem, the reliability and stability of the Blockchain network, its configuration, and its successful adoption.

The ETF has opened a new horizon for investors to take advantage of the blockchain industry. People who believe in blockchain technology can invest in their chosen ETF in the long term, while those looking for short-term or intraday trading opportunities can actively trade.

As a result, ETFs will bring cryptocurrency markets closer to people. It will decide according to the risk ratios offered to it, without thinking which one to choose among thousands of cryptocurrencies.

A question may arise… How safe are third parties? When you invest in cryptocurrencies; If you do not want to make fundamental and technical analysis, read whitepapers, and think about security, the only alternative is the ETF with legal rules.

It gives me great pleasure that blockchain technology has entered all areas of life.

As I always said, listen to everyone, decide for yourself ...

I'm looking forward to your comments. Thanks to your comments, we can shape my next articles together. Let's stay in touch… Take care of yourself so that you and the people around you are happy…

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