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Amid rapidly growing anticipation for the launch of Spot Bitcoin Exchange-Traded Funds (ETFs) in the United States, concerns have arisen from many in the Bitcoin community regarding if these funds will truly hold spot Bitcoin or not.
In response to these worries, Bloomberg Intelligence ETF analyst James Seyffart has stepped forward to allay fears, assuring investors that the current pool of spot Bitcoin ETFs will indeed hold real, spot BTC, if approved.
This assurance comes in the wake of posts by many in the online Bitcoin community, raising skepticism about whether the impending ETFs will maintain actual Bitcoin reserves. Spot Bitcoin ETF filers were told by the SEC that their…
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