Bitcoin ETF backers see Canada fund’s slump as reason to believe

The ability to keep trading without huge premiums or discounts appearing in a fund’s price is a key argument in the case for an exchange-traded crypto vehicle. In contrast to BTCC, for example, the $23.9 billion Grayscale Bitcoin Trust (GBTC) at one point traded about 21% below its net-asset value during the turmoil.

from Markets-Economic Times https://ift.tt/3vn7Zuy