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$12.5 BILLION DESIGN GIANT FIGMA JUST FILED TO GO PUBLIC DISCLOSING $100 MILLION IN #BITCOIN
Isn't it an ETF?
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Yes.
ETF
Those will be in-kind redemption based. Especially for corporate/institutional investors
The ETF holdings valued at 70m are not, but they bought 30m worth of USDC to be converted to BTC in the future