Blackrocks ETF and how its REALLY setup (and market impact)
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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.
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