BTC, ETFs: why they matter and, strangely, is the SEC doing investors more harm than good?

An exchange-traded fund (ETF) functions in a similar to a mutual fund, pooling investments from multiple investors. But, unlike mutual funds, ETFs are tradable on stock exchanges similar to regular stocks and debt instruments. Pursuant to Statista: “There were 8,754 ETFs globally in 2022, compared to 276 in 2003. As of 2022, ETFs worldwide managed asset…