It may be that BlackRock hasn't publicly provided its address(es), but other Bitcoin ETF providers have (like Bitwose, and Grayscale I think), and chain analysis has seemed to identify the addresses. Im not very familiar with this specific organization, it be be likely they are known.
https://cointelegraph.com/news/spot-bitcoin-etfs-address-identified-transparency
But this is an interesting theory that Spot Bitcoin ETF providers on the whole may be doing reactional reserve. Meaning that they will take money for an ETF, backed by X Bitcoin, but then they don't buy more Bitcoin on the market when they don't take on those additional investors?
Prisoner24601
npub16p…9k0w0
2024-08-16 11:56:02
in reply to nevent1q…9a4u
Author Public Key
npub16pa8yjzl59mdjeep9w0rh92k7swu78q8el8lawktrlpkjrdyn83q89k0w0Published at
2024-08-16 11:56:02Event JSON
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"content": "It may be that BlackRock hasn't publicly provided its address(es), but other Bitcoin ETF providers have (like Bitwose, and Grayscale I think), and chain analysis has seemed to identify the addresses. Im not very familiar with this specific organization, it be be likely they are known.\nhttps://cointelegraph.com/news/spot-bitcoin-etfs-address-identified-transparency\n\nBut this is an interesting theory that Spot Bitcoin ETF providers on the whole may be doing reactional reserve. Meaning that they will take money for an ETF, backed by X Bitcoin, but then they don't buy more Bitcoin on the market when they don't take on those additional investors?",
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}