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nobody
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account deleted

I don’t get the analogy since I’ve never watched « it’s always sunny » 😭😭

Yes and no, the asset manager (for example. Blackrock) will either have the own the asset (buy bitcoin) or if he don’t wanna do that, he can buy a swap (another financial instrument that allows you to swap the performance of a asset A with the performance B) that can give him the performance of bitcoin.

It’s a financial instrument that’s designed to replicate the performance of an asset (for example bitcoin). You can have the performance of the asset without having to hold it.

I wish I could understand 😭

In 2024, I wish to learn the language of my ancestors.

https://en.m.wikipedia.org/wiki/Berbers

CIV - GNB #AFCON2024

We are shitting on the ETF business but we are taking donations ? 😅

يا صباح النور ☕️