🫵 We want you, Crypto Observer!
🎉 Become a Gate.io Post Crypto Observer & Win Daily Great Rewards!
🌟 How to join?
1.Share daily crypto news, market trends, and insights into your post.
2.Include the #CryptoObservers# to successfully participate.
🎁 5 lucky "Crypto Observers" will be rewarded $2 token rewards each weekday!
📌 The winners list will be announced daily, and rewards will be distributed together next week.
⏰ Ends at 16:00 July 31 UTC
The answer is clearly no!
On the one hand, it is reported that the relevant products can be subscribed in cash or directly with Bitcoin and Ethereum, but they need to open a relevant account in Hong Kong to operate.
On the other hand, although they are funds, their essence is to track Bitcoin or Ethereum.
Although the prices of Bitcoin and Ethereum are expensive, the Volatility is still extremely high, and big pump big dump is almost the norm. For example, on April 2, the Virtual Money market suddenly flash crash, and the prices of Bitcoin and Ethereum fall exceeded 6% during the day.
As a result, both Spot Bitcoin ETF and Spot Ethereum ETF also have very high risk attributes, and are not suitable for investors with low risk tolerance to blindly follow the enter a position.