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A community for the latest discussions about the cutting edge of crypto design, it's culture and significant crypto news. Decentralize everything. Check out our [Community Guidelines](https://relevant.community/crypto/post/6122269e61d1cd005a877277/62427d3ed587ad005b647828)
53502 Members
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© 2020 Relevant Protocols Inc.
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"Bitcoin's first ETF in the USA is growing too big for its boots."
"Bitcoin's first ETF in the USA is growing too big for its boots."
The ETF invests 25% of investors’ cash in a Cayman Islands subsidiary, and then instructs that subsidiary to buy Bitcoin futures on the Chicago Mercantile Exchange.
The ETF invests 25% of investors’ cash in a Cayman Islands subsidiary, and then instructs that subsidiary to buy Bitcoin futures on the Chicago Mercantile Exchange.
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