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Potential Exit of GBDC Investors and Launch of Cheaper ETF
This chapter discusses the possibility of GBDC investors leaving due to the high fee, and speculates on the launch of a cheaper ETF by Greyscale. It compares Greyscale's approach to BlackRock's strategy in the ETF market and highlights the challenges faced by smaller companies in diversifying their revenue sources.
It’s set to be a historic week in crypto, with the SEC widely expected to finally approve a spot Bitcoin ETF, although it’s not a 100% certainty. Two Bloomberg analysts who have followed all the developments closely since the beginning, James Seyffart and Eric Balchunas, join Unchained to discuss the final filings, the likely schedule, and whether all the applications are likely be approved on the same day. Then they dive into the real action: the cutthroat wars that have already begun, why Grayscale might be keeping its fees on the Grayscale Bitcoin Trust so high, and who the likely winners in what has traditionally been a “winner take most” category will be.
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