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TLS94: Morgen Rochard on Building Origin, Bitcoin Financial Planning, and Payment Regulations

The Kevin Rooke Show

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Is KYC a Portfolio Risk in GBTC?

GBTC is a substandard product that was created a decade ago, which at the time was great for people because there really wasn't a good way to access Bitcoin. You don't know whether or not the trust itself is holding what it says it's holding and so an audit sometimes gives people some sort of false sense of hope that everything is fine. GBTC persisting at a discount is much more likely. The discount maybe right now might be higher than it would otherwise be. But probably somewhere between, you know, 15 to 25% discount is probably right for GBTC.

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