4min chapter

Crypto Critics' Corner cover image

Bitcoin ETFs, the SEC, and Regulatory Clarity (Feat. James Seyffart)

Crypto Critics' Corner

CHAPTER

G B T C Is Like a Closed in Fund, Right?

G b t c was launched to private trust although all these trust these gray scale trusts, bit wise trusts, they're launched as private trusts. They outlined in their plan that wed lodge these trusts, thet would enlist them o t c, and the ultimate goal was to convert them to e t s. The shares of those clothed in funds are subject to supply and demand on the open market. So you get these massive discounts and premiums, which is what's happening whin not to say thatt's a closed in fund, but it's like aclosed in fund because the shares are fixed.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode