" Don't assume that just because it's an ETF, it's safe."

“不要仅仅因为是ETF，就认为它很安全。”

Purists, meanwhile, would have preferred an ETF that holds bitcoin directly.

与此同时，纯粹主义者更喜欢直接持有比特币的交易基金。

For example, BlackRock, the biggest ETF firm, gives firms guidance on strategy and environmental policy.

例如，最大的ETF公司黑石集团在战略和环境政策方面为企业提供指导。

And those are the biggest advantages for ETFs over mutual funds.

这些是 ETF 基金相对于公募基金的最大优势。

A straight bitcoin ETF, however, is some way off.

然而，直接推出比特币交易基金还有一段路要走。

Essele says, who calls this disconnect " the main structural pitfall" of junk bond ETFs.

Essele说到，他将这种脱节称为垃圾债券ETFs的“主要结构性陷阱”。

ETFs usually, when it comes to fees, are significantly less expensive, and there are no minimums in most cases.

谈到费用，ETF 通常要便宜得多，而且在大多数情况下没有最低价格。

Like mutual funds, ETFs invest in a range of stocks, bonds, and commodities, which helps spread the overall risk.

与共同基金一样，交易所交易基金投资于一系列股票、债券和大宗商品，这有助于分散整体风险。

There was certainly early enthusiasm: the price of shares in the ETF rose by 4% on its debut.

当然，早期的热情是存在的：交易所交易基金的股票价格在上市首日上涨了4%。

A typical ETF charges 0.1% a year, compared with perhaps 1% for an active fund.

典型的ETF每年收取0.1%的费用，相比之下，主动型基金可能收取1%的费用。

Over the past decade many sought approval for all manner of bitcoin ETFs, only to be denied or fobbed off.

在过去的十年里，许多人寻求批准各种比特币作为交易所交易基金，但都被拒绝或搪塞了。

Strive's most popular etf, drll, focuses on the American energy industry.

Strive 最受欢迎的 etf drll 专注于美国能源行业。

ETFs hadn't even been invented yet.

ETF 甚至还没有被发明出来。

One of the more popular vehicles is the Global X Nasdaq 100 Covered Call etf, with assets worth $8.2bn.

Global X Nasdaq 100 Covered Call etf 是最受欢迎的工具之一，资产价值 82 亿美元。

The trade-du-jour is the " buy-write" exchange-traded fund (etf), a formerly obscure category that is now hoovering up capital.

热门交易是“买入-卖出”交易所交易基金（ETF），这是一个以前默默无闻的类别，现在正在吸引资本。

And how could an investor like Saranya look under the bonnet and find out what's actually in an ETF?

像 Saranya 这样的投资者如何才能深入了解 ETF 的实际内容呢？

The latest heat reflects a much-awaited event: the listing of America's first bitcoin-linked exchange-traded fund (ETF) on the New York Stock Exchange.

美国首只与比特币挂钩的交易所交易基金在纽约证交所挂牌上市。

" High-yield ETFs are basically index products, so they're looking to capture the entire return of the entire high-yield market, " Boyd says.

“高收益ETFs多为指数产品，所以他们希望获得整个高收益市场的全部回报，”Boyd说到。

Like stock ETFs, these funds are market-weighted, which means investors have the greatest exposure to the companies that are borrowing the most.

与股票ETFs一样，这些基金是市场加权的，这意味着投资者对借款最多的公司的接触最多。

In recent years, popular funds such as the SPDR Gold Trust ETF have made it easier to incorporate gold into a traditional investment portfolio.

近些年，黄金ETF基金等受欢迎的基金使得将黄金纳入传统投资组合变得更加容易。