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A Stronger Foundation for Bitcoin ETF Applications | Cointelegraph
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Today i have shared The common thread between all of these applications was a plan to create the reference price — the price, at which assets are valued and benchmarked — from retail exchange data. For example, the Winklevoss Bitcoin ETF’s reference price was to be based on the results of the Gemini retail exchange’s daily auction for spot Bitcoin. In the case of Bitwise, the reference price was based on a blend of data from several prominent retail exchanges. Thanks fot readinhg.