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The most talked about "Bitcoin ETF" is the one Blackrock filed an application for. I think it is this one: https://www.sec.gov/Archives/edgar/data/1980994/0001
by ArtTimeInvestor 3y ago
The most talked about "Bitcoin ETF" is the one Blackrock filed an application for. I think it is this one:
https://www.sec.gov/Archives/edgar/data/1980994/000143774923017574/bit20230608_s1.htm https://www.sec.gov/Archives/edgar/data/1980994/000143774923...
My reading of it is that it will only cointain Bitcoin.
And that they will not actually own it (as in control it) but only own an email (or whatever paperwork) from Coinbase (or whoever the "custodian" will be) saying that Coinbase holds Bitcoin for the ETF. But I'm not sure. Happy to hear interpretations by others.