Bitcoin hit a new all-time high on Wednesday at just under $ 66,930. One reason for this was the successful start of the first exchange-traded Bitcoin futures ETF, the ProShares Bitcoin Strategy ETF. Crypto expert Timo Emden is convinced that the new index fund could make crypto currencies “socially acceptable”.
Because while more and more investors are interested in cryptocurrencies due to the price increases, the inhibition threshold for actual investment is still high among newcomers. This is due to the volatility of cryptocurrencies, which has so far been a deterrent to cautious investors. Products such as crypto ETFs, ETNs or ETCs therefore have a certain appeal for those investors.
What is behind the abbreviations and whether these products are suitable for private investors, you can find out from financial editor Mareike Müller in our Handelsblatt Today crypto glossary.
We have an exclusive subscription offer for you as a Handelsblatt Today listener. Interested? Then take a look here.
If you have any comments, questions, criticism or praise about this episode, please write to us by email: [email protected]
Top jobs of the day
Find the best jobs now and
be notified by email.