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Spot ETF DONE DEAL - WOOHOOOOOO (Patreon)

Published:
2023-12-21 22:04:38
Imported:
2023-12

Content

Also this - a rare event 🇺🇸 SEC is having "rare joint conference call with prospective spot #Bitcoin ETF filers" — FOX Business

The decision is coming by Jan 10


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Comments

Anonymous

James: can you talk about what it means if warrens bill is passed and we all self custody? Is there a timeline for this bill? Implications with Blackrock being cash only?

Anonymous

I just did a Google search and it came up with this: "Most ETFs of stocks allow in-kind redemption, where you put in or take out whatever asset the ETF is tracking directly. But the SEC doesn't want broker-dealers to handle cryptos directly. So bitcoin ETFs will not allow in-kind creation or redemption — only cash will go in or out, and absolutely not actual bitcoins."