Can someone explain to me how Coinbase has all the #bitcoin to back up all the paper Bitcoin of these ETF’s? Does the government have an implicit agreement with them to bail them out with stockpile if need be? Is that even enough?
Can someone explain to me how Coinbase has all the #bitcoin to back up all the paper Bitcoin of these ETF’s? Does the government have an implicit agreement with them to bail them out with stockpile if need be? Is that even enough?