Citi Sells Clients on Bitcoin ETFs Despite $1 Billion Outflows
Citi Wealth pitches Bitcoin ETFs to clients as US funds lose $1 billion in two days after the Binance hack. The post Citi Sells Clients on Bitcoin ETFs Despite $1 Billion Outflows appeared first on BeInCrypto.
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Exchange-traded fund
An investment fund that holds a basket of assets, such as the shares in an index, and trades on a stock exchange like a single share.
ETFs offer low-cost, diversified investing and are a fast-growing way people save.
More about Exchange-traded fundBitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
More about BitcoinFrom the blog
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