ETF
What Does ETF Mean?
ETF means "Exchange Traded Fund." It is a marketable security that tracks an index, commodity, bonds, or a basket of assets and trades on stock exchanges like a stock. In January 2024, ETFs made headlines as the US Securities and Exchange Commission (SEC) approved the first US-listed Bitcoin ETFs, marking a significant shift towards integrating cryptocurrencies into traditional financial markets. This milestone, a decade in the making, was seen as a breakthrough for Bitcoin, potentially attracting $50 billion to $100 billion in the first year alone and signaling a more accepting regulatory stance towards cryptocurrency investments.
Image for ETF
When I write ETF, I mean this:
In January 2024, the US Securities and Exchange Commission approved the first Bitcoin ETFs.
Summary of Key Points
"Exchange Traded Fund" is the most common definition for ETF on Snapchat, WhatsApp, Facebook, Twitter, Instagram, and TikTok.ETF | |
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Definition: | Exchange Traded Fund |
Type: | Abbreviation |
Guessability: | 4: Difficult to guess |
Typical Users: | Specialists |
An Academic Look at ETF
ETF is an initialism abbreviation, as it is pronounced one letter at a time. Other examples of initialisms are AI ("Artificial Intelligence") and EW ("Electronic Warfare"). Initialisms are different to acronyms, which are abbreviations spoken as words (e.g., GOAT ("Greatest Of All Time"), NATO ("North Atlantic Treaty Organization").
Example of ETF Used in a Text
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See Also
Search All Abbreviations Beginning With The Letter E EFT (electronic funds transfer) EFTPOS (electronic funds transfer at point of sale) IMF (International Monetary Fund) NSF (not sufficient funds) BLOCKCHAIN (public online ledger) FTX (Bahamas-based cryptocurrency exchange firm)Quiz
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