A Recap of the Prime Trust Saga
The Breakdown
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The BlackRock Application for a Spot Bitcoin ETF
Swan CEO Corey Clips tweeted, the government would have to get rid of all trust companies and a century of trust structure legal precedent to confiscate assets. Fidelity has joined the fray, filing for their Bitcoin ETF on Thursday. Unlike some other proposed funds, Fidelity will be using its in-house custody service. Grayscale discount is now close to 30%, which is the smallest discount in last year.
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