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Simply Explained: What is a Bitcoin ETFBitcoin (BTC) is a cryptocurrency, a virtual currency designed to act as money and a form of payment outside the control of any one person, group. Cryptocurrency coin abbreviations � BTC � Bitcoin � LTC � Litecoin � ETH � Ethereum � ETC � Ethereum Classic � XRP � Ripple � BCH � Bitcoin Cash. Bitcoin is a digital currency which operates free of any central control or the oversight of banks or governments. Instead it relies on peer-to-peer software.
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