i have a question because of the regulations of a US exchange...
so if coinbase is opening an etf...doesn't that mean that they have to have a certain amount of bitoins as a backup?
wasn't it said they need 1:1 backup?
do you think they have so much bitcoin backed up?
is the lunar project the countdown to them buying bitcoins?
My understanding is the consensus for the lunar thing is their initial launch of the exchange. I dont think they will begin buyiong then I am sure they have secured enought bitcoin already. More likely scenario seems to be there is moeny waiting to be deposited once they open.