Buying a platinum ETF (exchange-traded fund) is a way to invest in the price of platinum without having to buy physical platinum. Platinum ETFs are traded on exchanges, just like stocks, and they offer a convenient and affordable way to add platinum to your portfolio.
There are several benefits to buying a platinum ETF. First, ETFs are relatively low-cost, with expense ratios typically below 1%. Second, ETFs are very liquid, meaning that you can easily buy or sell them at any time. Third, ETFs offer diversification, as they track the performance of a basket of platinum mining stocks rather than just one company.