#428: Examining BlackRock's Bitcoin ETF with Townsend Lansing
TFTC: A Bitcoin Podcast
00:00
How an ETF Drives Bitcoin Price
There's 2.3 million Bitcoin that are held on exchanges and the rest, 17 some odd are held in wallets that individuals or businesses control. They have to go out and get the Bitcoin before they can issue shares for that Bitcoin. No, same in the US and also here. We don't ever issue shares unless we have the Bitcoin delivered first.
Transcript
Play full episode
