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BlackRock’s Bitcoin ETF application is the ‘holy grail’ of exposure for TradFi, says analyst

The Scoop

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Grace Scale's GBTC Trust

Since it is a property TF and just because it's using the word trust, it's nothing like what we see with GBTC. People listening have probably heard of everyone talking about these reg M exemptions that they want GBTC to get. This isn't, there's revemptions, it's sort of got the same liquidity structure as a property TF which would unlock capital.

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