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Btc etf? (Reddit Bitcoin)

Quick question on the etf. After the big companies buy the btc and hold it in etf fashion, when people buy the etf does it really effect the price of btc? Because the btc has already been bought. So after the initial purchase of btc. They just hold but the price won’t go up because of it right? Unless they buy more btc?

submitted by /u/strantom
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