6min 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

What's the Worst Case Scenario for GBTC?

The real risk is that the Bitcoin underlying the trust isn't actually there. The sponsor would have to sell all 635,000 Bitcoin onto the market. If you're an owner of GBC and you're worried about that, I think you can sleep better at night knowing that the Bitcoin has verified on chain.

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