Cryptocurrency Q&A What is the beta of ETF?

What is the beta of ETF?

CryptoWanderer CryptoWanderer Sat Aug 17 2024 | 7 answers 2017
Could you please elaborate on what the beta of an ETF stands for and how it is significant in the context of cryptocurrency and finance? How is it calculated, and what does a high or low beta indicate about the ETF's performance and risk potential? Additionally, how does this concept differ from other measures of risk and performance in the world of investing? What is the beta of ETF?

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