There's really no easy way for a retail investor to participate directly in creation/redemption in any ETF. OUNZ from Van Eck lets you get physical delivery of gold in a redemption, but that's the only exception I know.
If you have enough BTC to roll up a 50k block creation unit, you probably have a relationship with a major street firm who can help you do a custom create, but its really going to be at institutional scale.
Excellent work Dave.
Sure a little nerdy but so important and helpful to have max clarity on this topic.
And some fun parts too!
Question:
Is Bitwise accepting onchain BTC from individuals or just institutions?
There's really no easy way for a retail investor to participate directly in creation/redemption in any ETF. OUNZ from Van Eck lets you get physical delivery of gold in a redemption, but that's the only exception I know.
If you have enough BTC to roll up a 50k block creation unit, you probably have a relationship with a major street firm who can help you do a custom create, but its really going to be at institutional scale.