Feb. 22, 2022
I can't even imagine that you wouldn't convert GBTC into an ETF. Personally from somebody that has been just a regular person my whole life and former military to now an accredited investor, I can honestly say that the common person gets screwed the most and all these "protections" have made it more difficult to achieve my goals (and I take responsibility for evaluating risk). Meanwhile, accredited investors have dumped onto retail for a premium. Bitcoin has been trading more hours than the S&P. We have a COMPLICATED derivative product that may fit SEC's ideas of easier governance yet AGAIN it helps big money and not retail. When retail wants a simple method to trade the hardest money ever discovered. Grayscale has been an established investment, I strongly hope that you will finally approve a Bitcooin ETF. Marty Weiss