#[0]​ Just finished listening to an interview with you posted today. I hadn’t even thought about the possibility of a spot bitcoin ETF company using the bitcoin to host lighting nodes to earn yield. Makes total sense though. This could create additional competition among companies offering spot bitcoin ETFs. If a company, individual, etc. chooses to hold bitcoin ETF shares rather than self custody, why not pick the ETF that could offer you a yield from the bitcoin being used on a lightning node rather than just NGU since it’s not being rehypothecated but rather just being locked up for additional use. This could also be used to offer little to no management fees from the ETF provider by using that earned lightning node income. This would be a later phase of course. A spot bitcoin ETF in the US needs to be approved first. Whether you’re for or against Blackrock or others having a spot bitcoin ETF it’s still an interesting idea that I hope is discussed further.

#bitcoin