Bitcoin ETFs Explained - How Are New Shares Created?
The spot Bitcoin ETFs have finally launched and I've been very curious how they all work behind the scenes.
How are the Bitcoins being bought?
What happens when you sell a share?
Is there massive Bitcoin buying at the end of the trading day?
Who is sending and storing the Bitcoins behind the ETFs?
In this clip, Matt Hougan explains the inner workings of the Bitwise Spot Bitcoin ETF and how the authorized participants play a role in the creation of new ETF shares.
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