Ethereum applied for ETF fund

1.

ETF, fully known as "trading type open-end index fund", is a kind of open-end fund listed and traded on the exchange with variable fund shares. Investors can not only apply for or redeem fund shares from fund management companies, but also buy and sell ETF shares at the market price in the exchange. ETF is the bitcoin holder's consignment of bitcoin spot to the fund company, and then the fund company relies on it to publicly issue fund shares in the exchange and sell them to all kinds of investors. In addition, banks and brokers will be responsible for underwriting

in short, bitcoin ETF is to securitize bitcoin into an open-ended fund proct that can be bought on the exchange

the successful application of bitcoin ETF means that:

1. The successful application of bitcoin ETF will first lower the threshold of bitcoin transaction and bring a lot of money to the bitcoin trading market

2. It will accelerate the development of cryptocurrency instry and promote asset custody

3. ETF is equivalent to telling the public that bitcoin has been officially recognized as a legal asset class, changing people's overall view on the regulatory risk of cryptocurrency, which will accelerate the public's acceptance of cryptocurrency represented by bitcoin

the launch of any ETF proct will naturally stimulate its underlying proct market, because on the one hand, the underlying proct is most suitable for hedging ETF price fluctuations, and on the other hand, ETF purchase and redemption will inevitably involve buying and selling entity bitcoin. If the 15th application is passed, it will be a healthy development. In the next step, there will be more demand for derivatives, such as ETF options

2. 2020 is the first year of proction rection. Everyone turns to BTC, BCH, BSV and other currencies. However, you forget eth. As the king of the public chain, ETH will usher in the big upgrade of 2.0 super version in 2020, switching from the pow mechanism to the POS mechanism. In addition, it will face proction rection in March next year, and its circulation will be reced by 10 times. Its impact is no less than that of bitcoin proction. Since the beginning of the year, the trading volume of eth has grown explosively, and the institutional capital has poured in to preempt the layout. However, the current price of eth is only 260 US dollars. With many super favorable blessings, the market expects eth to usher in a super bull market< In theory, X2
2. The circulation of next year will decrease 10 times. In theory, X2
3. The current price of eth is 260x4 = US $1040 (upgrade + expected price after proction rection)

ring this period, the return comparison between holding spot and ETF fund is as follows:

1. Holding spot makes 4 times of profit
2. Holding Ethereum ETF fund starts with 12 times of profit, Up to more than 30 times (intelligent position adjustment + fund compound interest calculation)

there is no doubt that the Ethereum ETF launched by bitoffer is the best investment choice!

3. Ethereum ETF fund can be sold at a specific price by opening a fund account.

4.

1. You can synthesize one with 2 broken shining souls

extended materials:

minecraft focuses on allowing players to explore, interact, and change a map dynamically generated by a cubic meter square. In addition to squares, environmental functions include plants, creatures and objects

some of the activities in the game include collecting minerals, fighting against hostile creatures, synthesizing new squares and collecting various resources found in the game

unlimited mode in the game allows players to create works and create art in various multiplayer game servers or their single player mode. Other functions include the red stone circuit of logic operation and remote action, the mine car system, and the mysterious world called "lower bound"

finally, you can travel to a dimension called "terminal place" and defeat the terminal shadow dragon

minecraft's world takes place in a three-dimensional grid composed of cubes, each of which is occupied by a specific kind of squares. There are many kinds of squares; Natural squares like grass, stone and various minerals are randomly generated in the world

blocks are the basic objects of the world

players can also synthesize their own diamonds. Resources can be removed by hand or with tools. Players can also use the box to build the works they want

5. ETF funds can only be purchased through stock accounts. If they have opened an account, they can be purchased directly. If they have not opened an account, they need to open an account first
just input the ETF fund's stock code in the stock purchase column, and then input the purchase quantity and price to submit
the stock account opening process is as follows:
1
2. Register and sign relevant agreements
3. Fill in the business department information and select the business department near the personal location
4. Upload the photos on the front and back of the ID card, check whether the personal data is filled in correctly, and connect with the staff of the securities company for video authentication after submission
5. Select the three-party depository bank, operate according to the bank prompts, and set the transaction password
as ETF funds are traded between investors, there is no subscription fee, redemption fee and stamp ty. Investors only need to pay a transaction fee to the securities company, that is, brokerage commission
the above opinions are for reference only
response time: December 10, 2020. Please refer to the official website of Ping An Bank for the latest business changes
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6. When applying for ETF, investors need to prepare a basket of stocks (or a small amount of cash) according to the daily announcement of "application and redemption list". These stocks can be in stock or bought on the same day. ETF shares purchased with a basket of shares can be sold on the same day; Similarly, a basket of ETF shares redeemed on the same day can be sold on the same day. After investors have prepared a basket of stocks, they can apply for shares by placing an order through the entrustment of securities companies ring the trading period. The unit of application and redemption is usually 1 million fund shares or its integral multiples. There is no stamp ty on application and redemption, and the Commission is basically not more than 0.5% of the application and redemption shares.

7. Hehe, it's interesting to ask questions anonymously in order to be an expert.

there is no difference between lof and general open-end funds, that is, more than one can be traded in the secondary market. How about the general open style of purchase and redemption, so does he. Redemption is also t + 5, and subscription confirmation is also t + 2. The secondary market and closed-end fund trading rules are the same

you also want to apply for and redeem ETF. You are so brave. Small investors can buy and sell in the secondary market. The purchase and redemption in the primary market starts from 1 million yuan, and it's not just money. Your 1 million yuan must be an equivalent package of shares. When you redeem, the company still gives you a package of equivalent shares. If you want to make a profit, you have to sell these shares in the secondary market

these are very clear in the recruitment document. You have more than a million dollars to try

I don't know the answer, do you understand?

8. It is understood that ETF funds can be bought for a few hundred yuan - almost. Take e-fonda Shenzhen Stock Exchange 100 ETF as an example: the net value of the Fund (11-16) is 4.2370 yuan, and the net value of 100 ETFs (ETF funds must trade in multiples of 100) is 423.70 yuan

how to buy ETF funds --- ETF funds can only be traded in the secondary market (stock market)

in the secondary market, the buying and selling of funds are the same as the buying and selling of stocks. All transactions are carried out among investors, and fund companies do not participate. In other words, you buy fund shares from other investors and sell them to other investors if you don't want to. To be clear, if no investor wants to sell his fund shares, you can't buy them; If no investor wants to buy fund shares, the fund in your hand can't be sold, although the probability is very small

where to open an account and how to buy it --- just find the business department of a securities company and bring your ID card and bank card with you.

9. Trading rules of ETF fund:

1. The fund units purchased on the same day can be sold on the same day, but cannot be redeemed

2. The fund units purchased on the same day can be redeemed on the same day, but cannot be sold

3. The securities redeemed on the same day can be sold on the same day, but cannot be used to purchase fund shares

4. Securities purchased on the same day can be used to purchase fund shares on the same day, but cannot be sold

as ETF Funds adopt a more open trading mode similar to stocks, there are certain risks in trading ETF funds, and investors without market experience need to be cautious.