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Replying to Avatar Clarkian

From what I understand, many shares were bought (+$4billion), but they haven't bought the the BTC to back it yet. There are delays since cash settlement or whatever isn't until EOD at the earliest. I imagine if there was USD price movement due to buying actual BTC it will be on at least a 1 day lag.

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Andy 1y ago

Normal stock settlement is 3 days - don’t know if that will apply to ETF.

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