tythephoneguy on Nostr: Something I haven't heard anyone talk about... As investors buy into Bitcoin ETFs, ...
Something I haven't heard anyone talk about...
As investors buy into Bitcoin ETFs, the ETFs buy Bitcoin. But, just because investors sell their Bitcoin ETFs, this doesn't necessarily mean the ETF companies must physically sell the Bitcoin associated as long as they have the cash to settle customer accounts.
Meaning, price goes up with incoming investments, but the price might not necessarily go down when investors liquidate. Correct?
#Bitcoin #ETF
As investors buy into Bitcoin ETFs, the ETFs buy Bitcoin. But, just because investors sell their Bitcoin ETFs, this doesn't necessarily mean the ETF companies must physically sell the Bitcoin associated as long as they have the cash to settle customer accounts.
Meaning, price goes up with incoming investments, but the price might not necessarily go down when investors liquidate. Correct?
#Bitcoin #ETF