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The ETF Report

An exchange-traded fund (ETF) is a type of pooled investment security that operates much like a mutual fund. Typically, ETFs will track a particular index, sector, commodity, or other asset, but unlike mutual funds, ETFs can be purchased or sold on a stock exchange the same way that a regular stock can. An ETF can be structured to track anything from the price of an individual commodity to a large and diverse collection of securities. ETFs can even be structured to track specific investment strategies.

Markets

Bitcoin price jumps as ProShares' ETF to debut on NYSE

Rather than investing in Bitcoin directly, the ProShares Bitcoin Strategy ETF will offer investors the ability to gain exposure to returns of the world's largest cryptocurrency by investing in bitcoin futures contracts through a brokerage account.