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255 sats \ 1 reply \ @hong OP 7 Mar \ parent \ on: I'm Hong, cofounder/CTO of Bitwise. AMA! AMA
every market open day where we have inflows / outflows (an AP comes to the trust and asks to create shares or redeem shares). when money comes in we go out and buy bitcoin. when money leaves we go out and sell bitcoin (hasn't happened to us yet!)