Apr. 22, 2022
GBTC should be converted into a spot ETF in the best interests (and protections!) of investors. The current product, which has traded from 132.6% over net asset value to -29.87% below net asset value is NOT an accurate tracking mechanism. A spot ETF would be much better for investors in terms of tracking the underlying asset, leaving it less subjected to manipulation and non-price/non-market forces.