Some good info on ETF BTC holdings
Discussion
**ETF BTC holdings *claims*
Since most of it is through Coinbase, true..
I’m not aware of a single etfCo providing a publicly provably verifiable method to check said claim.
📄🌽
The is the sauce..
The analyst bros dont have proof of reserves as far as I can see.
I mean merkle tree proof of reserves
Yeah, I don’t know how they get them, some like Grayscale have been ‘known’ for a while..
Skepticism is good, and I think they will show “public proof of reserve” eventually, as it’s a good way to attract funds to your product, but you could apply the same thinking to every ETF. I’m not auditing the SPDR 500 ETF either.
Taking note 💯
I know people with more than WisdomTree. 😆