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WhiteRabbit | 3 months ago (raw) | export | reply | flag +10 
 BLACKROCK BUYS OVER HALF A BILLION DOLLARS OF BITCOIN YESTERDAY.

ᴀɴᴅ ᴛʜᴇ ᴘʀɪᴄᴇ ɢᴏᴇs ᴅᴏᴡɴ.

https://m.primal.net/JbSR.gif
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bitcoinsandy | 3 months ago (raw) | root | parent | reply | flag 
 😂
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0xtr | 3 months ago (raw) | root | parent | reply | flag 
 Are there any laws requiring them to actually hodl UTXOs or can they just buy paper-bitcoin? How do you buy that much without moving the market?
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WhiteRabbit | 3 months ago (raw) | root | parent | reply | flag 
 Spot settled means it should be physical bitcoin in Coinbases custody. Although last i checked we have no way to audit what they hold. There's definitely a transparency issue with a majority of the ETF's.
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agirlinphoenix | 3 months ago (raw) | root | parent | reply | flag 
 Ironically, that’s the appeal of BTC. Transparency issues.
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0xtr | 3 months ago (raw) | root | parent | reply | flag 
 Not for a government controlled financial entity. They could, and probably have to(?), report holdings to various instances of gov
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agirlinphoenix | 3 months ago (raw) | root | parent | reply | flag 
 Sort of. See Investment Company Act 1940

The question is: How do you want to hold your BTC exposure? Through regulated entities or cold storage.
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pailakapo | 3 months ago (raw) | root | parent | reply | flag 
 coinbase can change a number on their ledger if that's the standard. 

one of the ETFs posts their addresses.  If they would move off of coinbase and post their addresses I bet the price would move with ETF purchases more.