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bu5hm4nn /
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2023-10-25 01:01:00
in reply to nevent1q…96mz

bu5hm4nn on Nostr: It's important to consider the fact that a spot ETF might not need to be 100% ...

It's important to consider the fact that a spot ETF might not need to be 100% covered. It could be fractionally held. It depends on how the SEC will define the "clearing house" for this asset. thegreattaking.com free book for a general view on how clearing houses are fractional reserve entities
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