Not exact matches
A transfer of Bitcoins from the Trust Custody Account may only be made as
follows: (1) by transferring Bitcoins to an
Authorized Participant Custody Account in connection with a redemption of one or more Baskets; (2) by transferring Bitcoins to the Sponsor's Custody Account to pay the Sponsor's Fee; (3) by delivering the Bitcoins to such party as the
Closed - end funds tend to trade with higher volatility from their NAV than ETFs because ETFs have
authorized participants that actively
follow the shares and take action to reconcile the price in the open market when it deviates from the NAV.
When I search for explanations of how index - tracking ETFs avoid tracking error, the
following explanation is normally given: ETFs allow certain
Authorized Participants to trade the underlying assets...
The IDX policy gives MLS
participants the ability to
authorize limited electronic display and delivery of their listings by other
participants via the
following authorized mediums under the
participant's control: websites, mobile apps, and audio devices.