Replying to Avatar SwBratcher

Agreed. That’s why my approach ties the two assets together with self custody of the bitcoin being paramount. Doesn’t really work for new purchases. But it does work for property with significant unleveraged equity.
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samuel 7mo ago

We are getting closer. A simple rules change to allow physical bitcoin creation and redemption may get us there. And ibit is trying to get us there.

https://coinmarketcap.com/community/articles/684164b773501465a1d827d4/

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SwBratcher 7mo ago

For sure. As soon as we are able to do in-kind redemption and positioning to and from the ETFs it could be all the banks need to bundle collateral assets comfortably in a way that’s compatible with their current structures.