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VanEck Advisors: Bitcoin ETF will require proof of reserves, offer secondary custody option

VanEck Advisors: Bitcoin ETF will require proof of reserves, offer secondary custody option

CointimeCointime2024/01/08 01:18
By:Cointime

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."

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