Please help to support this channel's work:https://www.youtube.com/@Bitcoin_University/joinIn this video, I discuss the claims that US Bitcoin spot ETFs are not fully backed by real BTC held by their custodians.Like the USD maintaining enough gold to fully back all issued US dollars in the early days of Bretton Woods, the spot Bitcoin ETFs are almost certainly fully backed today, though that may change in the future. Not investment advice! Consult a financial advisor.Tyler Durden started this thread:https://x.com/TylerDurden/status/1835138668060983353Responses:https://x.com/DU09BTC/status/1835198480035262811https://x.com/brian_armstrong/status/1835022703570702490IBIT:https://www.ishares.com/us/products/333011/ishares-bitcoin-trusthttps://ycharts.com/companies/IBIT/total_assets_under_managementNumber of Bitcoin held by US spot ETFs:https://x.com/HODL15Capital/status/1834975525070070025/photo/1https://x.com/HODL15Capital/status/1834976627903648136Bitwise discloses their BTC addresses on-chain:https://www.nobsbitcoin.com/bitwise-becomes-first-u-s-spot-bitcoin-etf-to-disclose-btc-holding-addresses/https://bitbetf.com/ I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals. #Bitcoin #Coinbase Disclaimer Neither Matthew Kratter's Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky....https://www.youtube.com/watch?v=V-HtZF6Xh4M