SouthParkHodl on Nostr: Not individual investors though - the APs and sponsor (BlackRock in this case) would ...
Not individual investors though - the APs and sponsor (BlackRock in this case) would be able to create and redeem in kind. It will help the ETF be more tax efficient because it can offload low cost basis Bitcoin.
This graphic shows the role of the various players in ETF transactions
Published at
2025-01-25 00:32:45Event JSON
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"content": "Not individual investors though - the APs and sponsor (BlackRock in this case) would be able to create and redeem in kind. It will help the ETF be more tax efficient because it can offload low cost basis Bitcoin. \n\nThis graphic shows the role of the various players in ETF transactions\nhttps://m.primal.net/NymZ.jpg",
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