VanEck Advisors: Bitcoin ETF will require proof of reserves, offer secondary custody option
VanEck advisor Gabor Gurbacs wrote on X platform: "The emergence of Bitcoin is to eliminate the need for trusted third parties, but a Bitcoin ETF will not change this. Many people will continue to prefer to hold their own Bitcoin and verify their holdings. I believe ETFs will need reserve proof and ultimately provide timely auxiliary custody options."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
1inch reveals new cross-chain swap feature
Bitget announcement: Removal of VGXUSDT trading pairs from Futures Trading Bots
Bitget Futures Trading Bots will remove the following pairs on September 26, 2024, 15:00 (UTC+8) to provide a better user trading experience: VGXUSDT Notes: Users should close the relevant orders in advance if they hold strategy orders in these trading pairs. The release and purchase features of th
Bitcoin stagnation hints at potential volatility as demand decreases
Peter Schiff warns Fed’s rate cut will lead to economic collapse
Trending news
MoreCrypto prices
More
