On The Brink with Castle Island cover image

Michael Sonnenshein and Craig Salm (Grayscale) on the GBTC ETF Application and Market Commentary (EP.302)

On The Brink with Castle Island

00:00

Is the C C Is Doing a Power Grab for Oversight on the Crypto Spot Market?

I think it's great what you guys have done in terms of set this up and t be a lot more vocal about it. Mean, from where i sit, it's a little bit hard to kind of rationalize the s cs posture here. The c c has this mandate around investor protections. This is a clearly inferior instrument than a spot product. There is tracking error there. And so the functioning of the spot market, they seem to be comfortable enough for the future's contract.

Play episode from 12:17
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app