The Risks of Black Rock's Inkind Redeemings

Inkind redemptions are allowed for the authorized participants. That means broker dealer firms um And it specifically says that they have those broker dealer firms have to enter into a separate contract with With uh, black rock and basically be in the good graces of black rock. At any point in time Black rock could revoke those permissions for for some or all of them depending on it Um, and there's a little angle a little point of risk where It could be you know, it starts to become a bit of a honeypot Where If the government wanted to 60 102 That let's say it ends up being a million bitcoin in this vastly successful black rock fund is very very very doable.