LOL
Genuine questiin though. How does one "transfer" his BTC to an ETF? I thought the way they work is people buy papers for fiat. Didn't know they can give away BTC in exchange for papers.
Discussion
If we are talking about US ETFs, you are correct.
If you are not a market maker for that security, which no individuals are, then you must buy shares of the ETF on the secondary market, usually through a brokerage, using fiat.
“In kind” redemption, if allowed, is only for the market makers who are creating or redeeming shares.
NFA
