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✉news BusinessCrypto first seen 14 h ago, last 13 h ago, peak #31

Bitcoin ETN, certificate or coin: the difference explained

Original: Bitcoin ETN, certificate or coin: the difference

A growing number of investors are weighing how to gain exposure to Bitcoin, comparing directly held coins, exchange-traded notes and certificates. The key differences lie in custody, fees, regulation and counterparty risk: coins require self-custody or a wallet provider, while ETNs and certificates are bank-issued instruments traded on stock exchanges. Commentators are urging investors to understand these structures before buying.

Why now: Rising mainstream interest in Bitcoin investment products is prompting explanations of the differences between direct coin ownership and paper-based instruments.

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