Could someone please explain?
I see there is an assumption of some billions coming into BTC thanks to ETF money.
But if I understand - ETF is just a product tracking the BTC price.
Do they even have to buy BTC to run ETF?
What stops them from issuing 100 billion of HODL or other ticker and each one tracks BTC price?
#asknostr
#plebchain
#bitcoin
hit with a hint of s /
npub17k…art3v
2024-01-13 17:04:52
Author Public Key
npub17k70x9qncwjnxne2hd0fuehydydaj2mw9xjqdr5wnjh42pg8dq7snart3vPublished at
2024-01-13 17:04:52Event JSON
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"content": "Could someone please explain?\nI see there is an assumption of some billions coming into BTC thanks to ETF money.\nBut if I understand - ETF is just a product tracking the BTC price. \nDo they even have to buy BTC to run ETF?\nWhat stops them from issuing 100 billion of HODL or other ticker and each one tracks BTC price?\n\n#asknostr\n#plebchain\n#bitcoin\n",
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