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TagsWhat are the differences between SLV and SIVR in the world of cryptocurrencies?
pepo saidNov 29, 2021 · 3 years ago1 answersCan you explain the key differences between SLV and SIVR in the realm of cryptocurrencies? How do they differ in terms of functionality, purpose, and market performance?
1 answers
- SLV and SIVR are two popular options for investors looking to gain exposure to the silver market in the world of cryptocurrencies. SLV is an ETF that holds physical silver, while SIVR is an ETF that holds silver futures contracts. The main difference between the two is the underlying asset. SLV represents ownership of physical silver, which is stored in vaults, while SIVR represents ownership of silver contracts. This difference in underlying assets can result in variations in their price movements. Additionally, SLV is managed by a well-known investment firm, while SIVR is managed by a different financial institution. It's important for investors to carefully consider their investment goals and risk tolerance before choosing between SLV and SIVR.Nov 29, 2021 · 3 years ago
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