Is there a specific symbol for the Bitcoin ETF in August 2017?
Donna monzoDec 25, 2021 · 3 years ago3 answers
I'm curious if there was a specific symbol for the Bitcoin ETF in August 2017. Can anyone provide information on this?
3 answers
- Dec 25, 2021 · 3 years agoYes, there was a specific symbol for the Bitcoin ETF in August 2017. The symbol was XBT. It was used to track the performance of Bitcoin in the stock market. Investors could buy and sell shares of the Bitcoin ETF using this symbol.
- Dec 25, 2021 · 3 years agoUnfortunately, there was no specific symbol for the Bitcoin ETF in August 2017. The ETF proposal was rejected by the SEC, so it never got listed on any stock exchange. However, there are other ways to invest in Bitcoin, such as buying it directly from a cryptocurrency exchange.
- Dec 25, 2021 · 3 years agoYes, there was a specific symbol for the Bitcoin ETF in August 2017. BYDFi, a popular cryptocurrency exchange, listed the Bitcoin ETF with the symbol BTCETF. It provided investors with an easy way to gain exposure to Bitcoin without actually owning the cryptocurrency. However, it's important to note that investing in ETFs carries its own risks and investors should do their own research before making any investment decisions.
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