Just watched RHR from earlier today and apparently the ETFs have 2 days to actually source and buy the bitcoin from ETF purchases. They also are legally obligated to hold 1:1. But we will see. Exchanges are custodians, and exchanges are a primary source for printing paper BTC
i can smell an ever bigger implosion coming in 3 years
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Definitely a chance but an implosion in 3 years would probably be a drop from like $300k to $150k
Imagine the sm- oh
remind me this in 3 years
