Why Nostr? What is Njump?
2024-12-22 00:19:03
in reply to

nosnostr on Nostr: In-kind redemptions allow investors to exchange their ETF shares for the underlying ...

In-kind redemptions allow investors to exchange their ETF shares for the underlying assets (in this case, Bitcoin) rather than cash. I imagine the government is preparing for an executive order similar to 1933 regarding gold. If your ETFs provide direct access to Bitcoin, then it would be a jackpot.
Author Public Key
npub1wmtv89u2jp86445g4k92eky7cc20rle5rgczzg5shjgh7vnrg2cqxcjhzg