What are the differences between Bitcoin ETFs and Bitcoin?

[Suba]

After Bitcoin was recognized globally as an investment asset, medium of exchange, and reserve fund, Bitcoin imitation assets emerged, such as Wrapped Bitcoin (WBTC), which is based on the Ethereum blockchain, and Bitcoin ETFs.

A Bitcoin ETF refers to an investment instrument that allows you to buy or sell shares on a stock exchange that represent the value of Bitcoin. Therefore, a Bitcoin ETF can be either a stock or a bond. Therefore, the price movement of a Bitcoin ETF on the stock exchange will follow Bitcoin's movement in the crypto market.

 

[Webster]

Per Google AI,

Bitcoin ETFs are easier to buy and safer to store. They're perfect if you want to profit from Bitcoin without having to worry about security and storage. Owning BTC gives you full ownership of your coins, but it also means you're responsible for security and managing your private keys.