by COINS NEWS - 3 months ago
Blackrock BTC ETF does not insure against theft/hacking (even from its own employees), and on the Coinbase custodian side, only $100 million is insured?
So I was reading the prospectus for the Blackrock BTC ETF. And I noticed the following excerpts. From page 82, it seems the maximum amount that Blackrock can recover from Coinbase in a case of hacking/theft of BTC is only $100 million: the Bitcoin...