Michael Sonnenshein and Craig Salm (Grayscale) on the GBTC ETF Application and Market Commentary (EP.302)
On The Brink with Castle Island
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The 19 B Four Process
The first wave of e t f applicants went to the s c seeking to have this type of product approved. The s c was not comfortable with approving either spot te coin or futer spase bacoin t f because of what they cited to be the potential for fraud and manipulation in the underlying coin markets. So we voluntarily withdrew our application, knowing that we coulus then go back to operating g b t c s s.
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