Apr. 09, 2022
Good day, I believe conversion of GBTC to a Bitcoin spot ETF would be a positive move. I fail to see a significant difference, in terms of risk and market volatility, between a spot Bitcoin ETF and the Bitcoin futures ETFs approved to date. A single source of truth: Bitcoin price will guide all these products. Thank you for considering the GBTC conversion to a spot Bitcoin ETF. Daniel E Luthens