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BTC

NZX
4.27300 NZD
0.2
4.91%
Last update Jul 11, 4:34 PM NZST
Main market
Day range
4.15100
4.29000
Previous close
4.073000
Open
4.15100
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Smart Bitcoin ETF
4.27
0.20
4.91%

Overview

Description

The Smart Bitcoin ETF is a financial asset designed to track the performance of Bitcoin, offering investors an opportunity to participate in the digital currency market without having to directly buy and store Bitcoins. This Exchange-Traded Fund (ETF) aims to replicate the price movements of Bitcoin through strategic mechanisms like futures contracts or direct holdings, providing a more accessible and regulated avenue for traditional investors interested in cryptocurrencies. The ETF plays a significant role in bridging the gap between traditional financial markets and the burgeoning world of digital assets. By packaging Bitcoin exposure within an ETF structure, it allows for easy trading on major stock exchanges, adding liquidity and reducing some of the logistical challenges associated with cryptocurrency investing. The Smart Bitcoin ETF impacts a variety of sectors, including finance, technology, and investment, by enhancing the versatility and reach of Bitcoin in conventional markets. Its introduction represents a critical step in the integration of digital currencies into established financial systems, facilitating broader acceptance and participation in the cryptocurrency space.

About

CEO
Employees
0
Address
Phone
Website
Instrument type
Common stock
Sector
Industry
Country
New Zealand
MIC code
XNZE
Main market

Exchange is currently active.
Closing in 2 hours 48 minutes

13:56
00:00
10:00
16:45
23:59

Trading Hours (Monday - Friday):

Pre-market
08:30 - 10:00
Main market
10:00 - 16:45
Post-market
16:45 - 17:00
All times are displayed in the Pacific/Auckland timezone (NZST, UTC+12:00).