Cryptocurrency Q&A
What is a platinum exchange-traded fund (ETF)?
What is a platinum exchange-traded fund (ETF)?
Elena
Thu Feb 20 2025
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6
answers
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A platinum exchange-traded fund (ETF) is an investment product that tracks the price of platinum. It allows investors to gain exposure to the platinum market without actually owning the physical metal. Platinum ETFs are traded on exchanges and can be bought and sold like stocks, providing liquidity and flexibility to investors.
6 answers
Martino
Sat Feb 22 2025
This financial instrument provides higher liquidity compared to holding the actual physical metal.
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CoinPrince
Sat Feb 22 2025
Investors do not need to incur storage expenses when opting for a platinum ETF.
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Lorenzo
Sat Feb 22 2025
Insurance costs associated with owning physical platinum are also eliminated with this investment vehicle.
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Starlight
Sat Feb 22 2025
Over the past year, the performance of platinum prices has lagged behind the broader U.S. stock market.
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NavigatorEcho
Sat Feb 22 2025
An alternative investment choice is a platinum exchange-traded fund (ETF).
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