2 ms·
> Is a Bitcoin ETF actually backed by real Bitcoin? At least for BITW ETF addresses are disclosed and you can verify it yourself. For others there is actually
by SXX 2y ago
> Is a Bitcoin ETF actually backed by real Bitcoin?
At least for BITW ETF addresses are disclosed and you can verify it yourself.
For others there is actually on-chain intellegence that let's approximate how they moving BTC itself. I mean there is always a lag between fund adjustments, but you can pretty much verify that BlackRock actually hold a lot of BTC.
https://platform.arkhamintelligence.com/explorer/entity/blackrock https://platform.arkhamintelligence.com/explorer/entity/blac...