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That is only for "Authorized Participants" converting between bitcoin and shares in the ETF. It's the so called "creation and redemption" process and virtually
by minimax 12y ago
That is only for "Authorized Participants" converting between bitcoin and shares in the ETF. It's the so called "creation and redemption" process and virtually all ETFs use a similar scheme. If the shares trade publicly you will be able to buy them one at a time if you want.