I missed this one. Have you tried it?
I was able to win a pack from one of their tournaments in SPL. I didn't play SPL in its early stages, but the gameplay is similar. You choose an immortal[summoner] which gives some effect to your cards, and you use equipment cards [monsters] to battle. There is a lot of RNG involved.
I thought Blackrock was offering BTC ETFs? I personally have little knowledge about ETFs, that's why I thought it would be good exposure to Crypto as a whole.
Yeah, but you buy shares into the ETF, usually with fiat. The question is how does settlement happen. I saw the SEC insists to be in fiat, which practically means it has nothing to do with crypto, other than the price of bitcoin as a base for their shares. I also understand BlackRock insists the settlement be made in kind, which means if payments are made in bitcoin, settlement is made in bitcoin, if payment is made in fiat, settlement is in fiat, as far as I understand this. Neither version says settlements should be in bitcoin, which would bring bitcoin to the moon if tons of fiat buy their shares.
I see, that makes a lot of sense, and I couldn't fault both parties for their sides. Thanks again for the explanation, I am learning a lot.