Bitcoin big retrace
bitcoin gonna soar back, just when can start collect etf? seems like 54000 had support , let see how
![Bitcoin big retrace](https://sgsnsimg.moomoo.com/sns_client_feed/102781865/20240705/61326b952ab001a5b4bd0ba00a2b92e6.jpg/big?area=104&is_public=true)
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LSYLSY : Hi Would like to know the BITX ETF has any expiry which the money invested possibly go zero? Newbie here
TiA Wong OP LSYLSY : Etf don’t have expire date , if it have , then futu here gonna mentioned it , like those warrant option . Plus etf will payout dividend for share holder . Just etf floatation is bigger than share . Like this 2x , means if Bitcoin down 10 % , then this gonna down more than 20 % . Vice Versa goes to up scenario
TiA Wong OP LSYLSY : https://www.schwab.com/etfs/understand-etfs#:~:text=ETFs%20or%20"exchange-traded%20funds,helping%20to%20diversify%20your%20portfolio.