(1) Provide a service
(2) Ask bank to open an account to receive fiat
(3) Ask bank to move fiat into brokerage account
(4) Ask brokerage firm to invest fiat into Bitcoin ETF
(5) Brokerage firm asks ETF trust to accept fiat and issue ETF shares to brokerage firm
(6) ETF trust asks trading desk to accept fiat and use such fiat to purchase bitcoin and to deliver such bitcoin to custodian
(7) ETF trust asks custodian to receive such bitcoin from trading desk
Earnest Holden
npub1p4…aqye9
2024-01-15 14:38:59
Author Public Key
npub1p4ynv22z9hvf8teze4xxz9agudy8g54c6278xl9w539jzsve3mgsdaqye9Published at
2024-01-15 14:38:59Event JSON
{
"id": "630f9b95881ef653c5eac80be8794644353d18e771bebf1b8df16c8d29a9f5ad",
"pubkey": "0d493629422dd893af22cd4c6117a8e3487452b8d2bc737caea44b2141998ed1",
"created_at": 1705329539,
"kind": 1,
"tags": [],
"content": "(1) Provide a service\n(2) Ask bank to open an account to receive fiat\n(3) Ask bank to move fiat into brokerage account\n(4) Ask brokerage firm to invest fiat into Bitcoin ETF\n(5) Brokerage firm asks ETF trust to accept fiat and issue ETF shares to brokerage firm\n(6) ETF trust asks trading desk to accept fiat and use such fiat to purchase bitcoin and to deliver such bitcoin to custodian\n(7) ETF trust asks custodian to receive such bitcoin from trading desk",
"sig": "165ec1275fad0b226141af75888231c63e834dbacb6fc9601ac9b3a04345ab0500eef109f87811e3afb74233708ba8c37961b3983b875d9c66e1eea9be02686e"
}