It’s just the way that all ETFs function. I don’t think there’s a rule that it has to be settled within a certain timeframe.
Discussion
Thanks. I just read ARK’s disclosure. I didn’t see a reference to the contractual timeline defining the settlement in the physical bitcoin market. Seems like T+1 or T+2 would be standard across the lot of them for easier administration. If one of them was doing hourly or 5-minute settlement, that’d be a huge competitive advantage for that ETF.
There’s a lot of moving parts. Aspects and inner workings that I’m not familiar with, but it seems like it’s all standard practice for exchange traded products.
I’m trying to learn as much as I can, so that I can actually approach the topic with a little understanding so as to discuss the topic, rather than just regurgitating the same trope.
They are here. They will be here. And they will 100 percent affect price. Price matters. We live in a world where money = power and to ignore it, is to our detriment. Bitcoiners need to be close to the power centers to affect change, and there’s a price to be paid to get there.