Why Nostr? What is Njump?
2024-05-25 20:21:07
in reply to

plebiANON on Nostr: No, the firm has to go get the Bitcoin after someone buys it, or sell the Bitcoin ...

No, the firm has to go get the Bitcoin after someone buys it, or sell the Bitcoin when someone sells the ETF. They do not hold above or below their ETF issued shares. They settle every day. This is, of course, assuming they are doing it the way that was approved and they purport.
Author Public Key
npub13q8evu294dnt20vacfuagj5hy2agwhfr93el8h68qlg708zrxm8qnd6vpv