Not quite as easily. We know EXACTLY how much Bitcoin there is, and where all of it resides. We don't have that information for gold and silver. So while there can be some wiggle room to play with the numbers due to uncertainty about who owns what wallet, there is a limit beyond which they can't push it.
The total market cap of BTC today is only around $600B. If an ETF claims to hold several hundred billion, that is going to be hard for them to justify without the market cap skyrocketing into the trillions.
Not quite as easily. We know EXACTLY how much Bitcoin there is, and where all of it resides. We don't have that information for gold and silver. So while there can be some wiggle room to play with the numbers due to uncertainty about who owns what wallet, there is a limit beyond which they can't push it.
The total market cap of BTC today is only around $600B. If an ETF claims to hold several hundred billion, that is going to be hard for them to justify without the market cap skyrocketing into the trillions.
We know exactly how many btc there are and the hash rate. No funny business.