What is Nostr?
S!ayer
npub1ehk…mz4s
2025-02-19 11:27:48
in reply to nevent1q…qsfw

S!ayer on Nostr: They might be - the ETFs are most likely structured in a way that actual ownership is ...

They might be - the ETFs are most likely structured in a way that actual ownership is still in the hands of some wallet holders i.e. coinbase, but they "show" that the ETF has the coins, yet the holder is someone other than the institution, or multiple holders i.e. whales, businesses, miners, and then the ETF fund itself.

It's usually how they average down a purchase price -
Author Public Key
npub1ehkvx8rdjsrwnf7kkqr8gy42vcwe6vwgqdwrl4juqccp689v8wfqr3mz4s