
#428: Examining BlackRock's Bitcoin ETF with Townsend Lansing
TFTC: A Bitcoin Podcast
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The Grayscale ETF: A Wrapper for Exposure to Bitcoin
It's an access tool. It is a wrapper for exposure to Bitcoin. Investors will hold a unit of the trust, that unit will be traded on NASDAQ or NYSE. The amount of Bitcoin is worth effectively will decay. Other than that, it trades like an equity. You can buy and sell like an equity; you'll track the price of Bitcoin. Will you be able to buy partial shares? That will depend on your broker.
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