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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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11353882 No.11353882 [Reply] [Original]

Holy shit.
This is the first step to the bitcoin etf

>> No.11353911
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11353911

>first transaction leaked

>> No.11353923

It's amazing how slow this board is with news these days

>> No.11353927

>>11353882
No it it isnt. An ETF would be traded on the NYSE/NASDAQ and managed by a firm like Vaneck, Solidx or Direxion. This has no relation to an ETF

>> No.11353942

>>11353882
>Liquid’s native Liquid Bitcoin (L-BTC) asset is backed by a two-way peg to Bitcoin (BTC) and can be redeemed at any time, providing institutions and end users with a secure and rapid way to transfer bitcoin between members with full settlement in two minutes.

Is this the beginning of the mass adoption?

>> No.11353955

>>11353942
>Altonomy, Atlantic Financial, Bitbank, Bitfinex, Bitmax, BitMEX, Bitso, BTCBOX, BTSE, Buull Exchange, DGroup, Coinone, Crypto Garage, GOPAX (operated by Streami), Korbit, L2B Global, OKCoin, The Rock Trading, SIX Digital Exchange, Unocoin, Xapo, XBTO, and Zaif.
This is actually big

https://blockstream.com/2018/10/10/liquid-launch.html

>> No.11353964

There goes our phoenix
JUST fuck my shit up
Crypto looked promising now it's (((ogre)))

>> No.11353980

Ripple is dead.
1 min finality, confidential transactions, issued assets.

>> No.11353982

>>11353882
Wow a sidechain! Totally not a shitcoin! Thanks Blockstream!

>> No.11353996

>>11353982
bitcoin source code is controlled by blockstream
deal with it

>> No.11354074

This sounds big but price isn't reacting. So, basically blockstream is going to control it all now?

>> No.11354132

>>11353882
If this is so important then why isnt the market pumping?

>> No.11354971

becuase its trash

>> No.11355036

>subscription fees
Pass also kys

>> No.11355052

>>11353927
Like GBTC?

>> No.11355058

>>11353882
no..

>> No.11355072

>>11354074
No. Samsons explains it in this one https://www.youtube.com/watch?v=rXyQTrp6GHc

>> No.11355160

soooo wtf is this in a nutshell?

>> No.11355165

>>11355160
2-minute settlement bitcoin

>> No.11355178
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11355178

>> No.11355281

>>11355160
Traders can now move funds between exchanges in minutes. This allows more efficient arbitrage and improves liquidity, something that the sec was concerned about when reviewing etfs.