2 2rosy Aug 30, 2023 #11 BMK said: The current GBTC product does not own Bitcoin. It only owns Bitcoin futures. More... gbtc is backed by bitcoin not bitcoin futures. Advantage of being an ETF is the create/redeem process which would close the gbtc discount
BMK said: The current GBTC product does not own Bitcoin. It only owns Bitcoin futures. More... gbtc is backed by bitcoin not bitcoin futures. Advantage of being an ETF is the create/redeem process which would close the gbtc discount
