The "generate cash" buyback model mandated by the United States Securities and Exchange Commission (SEC) for spot Bitcoin (BTC) ETFs appears to have caused some misunderstandings in the industry. Since many applicants who applied for the Bitcoin ETF product are currently yielding to the SEC's Create Cash request, it appears that a portion of the public thinks that the adoption of this buyback model will not hold Bitcoin.



Others think that the Bitcoin ETF product will act as a fractional reserve product after approval. However, Seyffart corrected these misconceptions by emphasizing that "Spot Bitcoin ETFs will DEFINITELY hold Bitcoin."#ContentStar #HotTopicDiscussion #Gate Post Highlights #ChristmasWish #Thanksgiving #BRC20TokensKonu
BTC0,93%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
Asiftahsinvip
· 2023-12-29 07:06
thank you for information
Reply1
Miss_1903vip
· 2023-12-28 14:06
Keep BUIDL💪
Reply1
MOBAvip
· 2023-12-28 14:06
Ambush the Crypto Community Hundredfold Coin 👍
View OriginalReply1
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt