Replying to Avatar TKay

Am I the only one who sees the word Trust in most of the Bitcoin ETFs? They don’t seem to be spots.

But hey, I have no idea how any of this works.
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Nice and Kind Vic 2y ago

Based on spot price, but implemented as Trusts. In essence, they are all one way black holes mimicing Grayscale.

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Sikto 2y ago

Definitely not structured as a trust. It’s an etf.