To properly understand how the Blackrock ETF will impact the market we need to understand a few things about how the ETF will function. Do we know the answers to these details?
How’s much BTC will Blackrock have to buy for this ETF? I doubt it’ll be 1:1 the ratio of the market cap but this will definitly impact the total buying pressure on BTC. (Side note, the iron of reserve banking traits on a BTC ETF is not list on me) Will the ETF be an exact peg of BTC or will it desync from BTC based on interest in the ETF itself? (Kind of like gold or S&P indexes)
Note: I will update the post as we get more info.
submitted by /u/AliExpress7
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