What is Nostr?
svoboda / Svoboda
npub1eul…cndk
2024-09-16 02:00:47
in reply to nevent1q…5lwj

svoboda on Nostr: Being a publicly traded company matters not. All other commodity ETFs are handled the ...

Being a publicly traded company matters not. All other commodity ETFs are handled the same exact way. Just because cryptocurrencies have the technical ability that could allow for it to be publicly audited in real time, doesn't mean they have to do it.

Like I said, the only way this likely changes is if all of the ETF holders put pressure on the SEC to mandate it. I do think, however, that if price remains flat where it feels like it is being artificially suppressed over time, you could see that happen.

I hold some FBTC and IBIT in my walled garden retirement accounts and I'd join any class action effort on this.
Author Public Key
npub1eulxt0p36rpn0gdsr99tn2pcvv8ne4prf0qz3k3s9pcn3qe0htqq36cndk