Crypto Is Facing Bank Runs | Weekly Roundup
Supply Shock
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Buying Private Shares of G B TC, Now Trust Co
The only way you could get it, in the beginning was to buy private shares of this limited partnership. And so because there was a lot of demand for biccoin from retail vestors, there was a spread. There was a positive premium that got as high as forty %. But here's the really ugly part, closed end funds, funds that raise capital, buy a bunch of tuff and then trade in the market, can be arbitraged by shorting them. So if you're a big bank and you don't want this to exist, you can go into the future's market and you can short the shit. I sup i souldn't swear on this, but
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