ETF, or Exchange Traded Fund, is a type of investment fund that trades on stock exchanges, similar to a stock.
ETFs securitize specific assets through physical backing, allowing investors to gain exposure to the underlying assets simply by purchasing shares issued by the fund provider.
An Ethereum ETF refers to an exchange-traded fund that holds Ether (ETH) as the underlying asset. When users purchase an Ethereum spot ETF, they are essentially buying Ether, but they do not actually hold the cryptocurrency themselves.
