According to Samson Mow, there is a theoretical possibility of a spot Bitcoin ETF issuer manipulating the actual BTC volumes if they were to break the regulations. This means that if an issuer were to violate the rules, they could potentially fake the underlying Bitcoin volumes. However, it is important to note that this scenario is hypothetical and has not been proven to occur in practice. Mow’s statement suggests that there is a potential risk associated with spot Bitcoin ETFs if the issuer does not adhere to the necessary guidelines and regulations.
HomeDIGITAL ASSETS REGULATORYworldwide-stablecoinIssuers in the Bitcoin ETF competition to reveal addresses, says Samson Mow