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Derek Ross | 2 months ago (raw) | export | reply | flag +50 
 BlackRock has amended their Bitcoin ETF agreement with Coinbase to require Coinbase to allow withdrawals within 12 hours. This amendment helps BlackRock improve liquidity and helps verify that Coinbase actually has used BlackRock funds to purchase bitcoin.

If only there was another easy way to do this... You know, such as publishing a publicly verifiable bitcoin address!
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Michael | 2 months ago (raw) | root | parent | reply | flag 
 The entire concept of an ETF contradicts the principles of trustless Bitcoin, which requires no intermediaries.
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MTozoni ⚡😺 | 2 months ago (raw) | root | parent | reply | flag 
 We had the concept of provable reserves for years. Kraken uses it.
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Derek Ross | 2 months ago (raw) | root | parent | reply | flag 
 i believe only one ETF does this. - Bitwise.
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realjode | 2 months ago (raw) | root | parent | reply | flag 
 Now there’s a novel idea 💡
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telluride | 2 months ago (raw) | root | parent | reply | flag 
 Theres a simple reason they wont (or cant) provide proof of reserves.
Even if they do have 1:1 btc, They want the option to manipulate the price.  This is assuming they’re not already doing that. 
Dont get FTX’d folks.

#Selfcustody
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mike | 2 months ago (raw) | root | parent | reply | flag 
 In normie world they:

Don’t verify, trust 😂
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S!ayer | 2 months ago (raw) | root | parent | reply | flag 
 Today, I will buy some etf