
Michael Sonnenshein and Craig Salm (Grayscale) on the GBTC ETF Application and Market Commentary (EP.302)
On The Brink with Castle Island
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.
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