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Why Investors Should Care About the Volt Crypto ETF
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investopedia.comIt will soon be possible to invest in Bitcoin (BTCUSD) through a U.S.-listed exchange traded fund (ETF)—well, in a roundabout way—after Wall Street's watchdog gave the green light to a fund that provides investors access to companies that have significant exposure to the world's leading cryptocurrency.
On Oct. 5, the Securities and Exchange Commission (SEC) approved the Volt Crypto Industry Revolution and Tech ETF, which will track the performance of «Bitcoin industry revolution companies,» in other words, companies that hold most of their assets or investments in Bitcoin or that generate the lion's share of their profit through mining activities.
Bitcoin mining is the process by which new bitcoins are entered into circulation; it is also
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