Blockchain outside of cryptocurrency
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How Will A Bitcoin ETF Affect The Grayscale GBTC Trust?GBTC is one of the first spot Bitcoin ETF in the US. A spot Bitcoin ETF is solely and passively invested in Bitcoin, whose shares are designed. The Trust creates Baskets of Shares only upon receipt of Bitcoins and redeems Shares only by distributing Bitcoins. At this time, Authorized. The roughly $21 billion fund, known as GBTC, saw its price close at a % premium to its net asset value as of Thursday, data compiled by.
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