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Bitcoin ETFs could trade at 8% premium to spot, in-kind redemptions still possible later: Bloomberg

CryptoSlate - ( 1 months ago )
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In a Jan. 8 interview on Bloomberg ETF IQ, Reggie Browne from GTS, the trading and liquidity services provider, discussed the potential approval of a spot Bitcoin ETF in the U.S. and its implications. Browne predicted an initial premium of approximately 8% above fair value for the ETFs, a significant figure considering the typical premiums […] The post Bitcoin ETFs could trade at 8% premium to spot, in-kind redemptions still possible later: Bloomberg appeared first on CryptoSlate. Read More