trey on nostr

UNFOUNDED THEORY

The SEC is promoting and only allowing cash creates ETF models because they’re less appealing to all parties involved than in-kind, and they hope there won’t be as much face melting interest?

They’re hoping for baby steps?

ToBeWhereTheresLife · 129w

I'm more interested in redemptions - cash or in-kind. Cash redemption allows games to be played with naked shorts. In-kind redemption enforces the underlying scarcity.

ĐaꝞꭵꞧuꞩ.₿ 🟠 · 129w

Gary said on CNBC I think that the courts are forcing him to look at the ETFs again. Could be related to allowing in kind.

zhenya · 129w

I think it mainly impacts the issuer with the buyer of the trust is unaffected.

satsminded · 129w

Maybe it means more trades into USD and more tax income.