3min chapter

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$630M Due Next Week: Is DCG at Default Risk? - Ep. 489

Unchained

CHAPTER

The Alhag Credit Committee Group's Decision to Turn GBTC Into a Bitcoin Investment Trust

Grayscale Bitcoin investment trust has been a cash cow for DCG. Grayscale currently in litigation with the SEC to turn GBTC into a Bitcoin ETF. If that happens, then that would cut fees for them. But what that would mean is that it hurts the capital generating power of DCG.

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