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James Seyffart: Will a Bitcoin Spot ETF Be Approved and Send Bitcoin's Price Skyrocketing?

Coin Stories

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What Is an ETF?

A spot Bitcoin ETF would be the most efficient way to value Bitcoins, says John Defterios. The idea is that you hand over your Bitcoin and get back a certain pro-rata amount of theETF shares. That process is called the redemption, the creation of redemption process. It's what my boss Eric Beltrunas likes to call it: "The flux capacitor from back to the future"

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