Replying to Avatar ₿omboriver

paper! we don't know if really a btc is bought for the customers
6e
6e70253f... 1y ago

It's a spot ETF, which means they have to acquire the Bitcoin. There are other ETFs which they don't have too.

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₿omboriver 1y ago

naive ... they know they cannot hide so they dont show the onchain data

6e
6e70253f... 1y ago

So if they showed the onchain data you would agree that it's not "paper bitcoin"?

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₿omboriver 1y ago

no... because is always IOUs... on paper

6e
6e70253f... 1y ago

You have shifting conclusions. This is what and ETF is, the fund holds the Bitcoin.