2min chapter

Coin Stories with Natalie Brunell cover image

Sam Callahan: What You Need to Know About GBTC and the Crypto Contagion

Coin Stories with Natalie Brunell

CHAPTER

How to Get Free Money on GPT C Shares

BlockFi would give a bunch of money to Grayscale and get these GPT C shares that were locked up for six months, right? And when they go to sell them, they've made a certain percentage and then they take the spread between that and the yield that they were paying customers. So they were making a kill. It was basically free money. Like you got to understand.

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