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$12.5 BILLION DESIGN GIANT FIGMA JUST FILED TO GO PUBLIC DISCLOSING $100 MILLION IN #BITCOIN

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Isn't it an ETF?

Yes.

ETF

Those will be in-kind redemption based. Especially for corporate/institutional investors

The ETF holdings valued at 70m are not, but they bought 30m worth of USDC to be converted to BTC in the future

They have a Bitwise Bitcoin ETF. Are these $100M USD in actual Bitcoin?