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RE: Bitcoin - Margin Short Positions are Piling Up
I read that the ETF managers did not have enough Bitcoin to back their ETF initially.
Did it ever change?
Are the future contracts on the Bitcoin ETF price, or on Bitcoin's price?
How good did the short positions were so far at prediction of Bitcoin price?
I hadn't read that about the ETFs being short on bitcoin, but it seems likely they wouldn't purchase their inventory until they got approval from the SEC.
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