This is all very helpful for understanding the "how" donating Bitcoin to an ETF can happen. I'm still lost on the "why," though. What would possess someone to just... give money to an ETF without expecting shares in return? If you wanted to be philanthropic for crypto causes, surely there are other ways than by handing an ETF your loose change? What am I missing?
I suspect some combination of curiosity (wonder what happens if ...) and the Lolz of sending an NFT to the Bitcoin ETF? I can't come up with any mechanical reason to do so.
This is all very helpful for understanding the "how" donating Bitcoin to an ETF can happen. I'm still lost on the "why," though. What would possess someone to just... give money to an ETF without expecting shares in return? If you wanted to be philanthropic for crypto causes, surely there are other ways than by handing an ETF your loose change? What am I missing?
I suspect some combination of curiosity (wonder what happens if ...) and the Lolz of sending an NFT to the Bitcoin ETF? I can't come up with any mechanical reason to do so.
doin' it for the lolz.... truly I will never understand zoomer humor. i have become my parents.
Great write up on this fast moving corner of the ETF world.