Will Bitcoin ETF Soon Be Replaced by ETN?
The news about the possible Bitcoin ETF has been all over the place recently. Some people support it, some people don’t. Anyway the official decision upon it is delayed until September, and experts believe that it actually won’t be taken until March of 2019. However, this is not the end for Bitcoin investments. There is another option which is quite similar. More and more companies are now considering running an ETN (exchange traded notes, whereas ETF stands for exchange traded funds). For example, in Sweden only, the ETN has already outrun the volume of ETFs in the US. According to the experts’ estimates, it might soon be introduced in America bringing investors a more liquid and effective tool to purchase BTC. Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/