$21 a share and you saying it need to backed 1 to 1
Yall really dont understand how it works.
Its just mind-blowing what is going on
Discussion
It's supposed to mimic the performances of the Bitcoin price, with a premium or not depending on the demand, and then arbitrage will be done by traders to match both prices. Basically you just buy a bunch of sats when you by a share, as I understand it. What is bothering you ?