Quote of the Day
“If State Avenue can float a gold ETF backed by bodily gold in a vault, it doesn’t appear unreasonable to assume that Grayscale could make its fund of spot bitcoin into an ETF.”
(Alexandra Scaggs)
Chart of the Day
Anybody betting on the Grayscale Bitcoin Belief ($GBTC) is respiration a little bit of a sigh of reduction. (chart through @ycharts)
(riabiz.com)