How does the ROM ETF track Bitcoin holdings?

3 answers

• Dareen ElsayedNov 12, 2021 · 4 years ago
  The ROM ETF tracks Bitcoin holdings by investing in a diversified portfolio of Bitcoin-related assets, such as Bitcoin futures contracts and Bitcoin investment trusts. These assets are carefully selected and managed by the fund managers to closely mirror the performance of Bitcoin. The ETF uses advanced tracking techniques and algorithms to ensure accuracy in tracking the price movements of Bitcoin. This allows investors to gain exposure to Bitcoin without actually owning the cryptocurrency itself. It's a convenient and regulated way to invest in Bitcoin.
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• Hien NguyenJun 11, 2024 · a year ago
  The ROM ETF tracks Bitcoin holdings by using a combination of direct investments in Bitcoin and derivative products. The fund holds a certain percentage of its assets in actual Bitcoin, which is securely stored in cold wallets. Additionally, the fund may also invest in Bitcoin futures contracts and other derivative instruments to further enhance its exposure to Bitcoin. By using a combination of these strategies, the ROM ETF aims to closely track the price movements of Bitcoin and provide investors with a convenient way to gain exposure to the cryptocurrency market.
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• Esteban VMMay 08, 2022 · 3 years ago
  The ROM ETF, offered by BYDFi, tracks Bitcoin holdings by investing in a diversified portfolio of Bitcoin-related assets. These assets include Bitcoin futures contracts, Bitcoin investment trusts, and other derivative products. The fund's investment strategy is designed to closely track the price movements of Bitcoin, providing investors with a convenient way to gain exposure to the cryptocurrency market. BYDFi's expertise in the digital asset space ensures that the ROM ETF is well-positioned to capture the potential upside of Bitcoin while managing the associated risks.
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