ImmutableManty on Nostr: I don't have a source handy, but my understanding is when money is put into the ETF, ...
I don't have a source handy, but my understanding is when money is put into the ETF, they do have to buy Bitcoin within "a certain amount of time" (not sure how much time, maybe daily or so).
Plus obviously holding any large portion in cash is a quick way to become insolvent given Bitcoin's volatility, and I don't think any of the ETF managers are *that* stupid, even if it was a legal option.
Published at
2024-06-08 05:46:49Event JSON
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