All that record “cash-in” on trading day yet no BTC buying yet?
I wonder when, as I’ve been asking, they have to settle & align actual cash-in with reserves?
Some say end of day daily. Some say by closing next day. Time will tell but this is what you may call a lot of water building up behind the dam.
I guess could become apparent after markets close. 🤷🏻
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🤔🎯
If they aren’t settling in real time wouldn’t that open the door for some serious arbitrage situations prior to settlement. Wouldn’t the price be artificially lower prior to them exchanging cash for ₿itcoin?
It would seem so, yes.
