Bitcoin futures are running at about 25% per annum carry.
They absolutely can find counterparties to take that trade, but it would be much more efficient to trade in the spot markets.
The real question is if they have custody operations setup to handle the coin.
I expect they outsource these backend operations to the likes of Coinbase, Gemini, or Fidelity.
They probably won't allow customers to transfer their Bitcoin out until they move custody in house, which is no easy task.
They absolutely can find counterparties to take that trade, but it would be much more efficient to trade in the spot markets. The real question is if they have custody operations setup to handle the coin.
I expect they outsource these backend operations to the likes of Coinbase, Gemini, or Fidelity. They probably won't allow customers to transfer their Bitcoin out until they move custody in house, which is no easy task.