Bitcoin Shares Hit Record High After Launching Exchange-Traded Fund

The company introduced an exchange-traded fund (ETF) on Tuesday, leading to a more than 4% increase in Bitcoin shares by the end of the day. This ETF tracks the future price of Bitcoin, allowing investors to engage with the digital currency without purchasing the actual tokens.

What was launched by the company on Tuesday?

By the end of the day, how much did Bitcoin shares rise?

What does the fund track?

How does the fund allow people to invest in Bitcoin?

What is the advantage of investing in the fund instead of buying actual Bitcoin tokens?