ETF, or Exchange Traded Fund, is a type of investment vehicle that tracks the performance of a specific asset or index. It differs from Nifty BeES, which is a specific ETF tracking the Nifty index. ETFs allow investors to diversify portfolios and trade like stocks. Bitcoin ETFs, like the one launched in 2021, track the price of Bitcoin.
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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.
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