Agreed. And now the price is climbing a little too
Whats the ratio? 1:200?
Yes. 200 notes equals 1 BTC.
1800$ ??
What are the aribtrage-possibilities? As bad as with GTBTC?
The cool thing about this ETN is that there is no limit of "matured shares". The issuer buys more real bitcoin on exchanges if the players want more ETNs. No limits on either bid or ask side!
If prices drop btc to usd on the open global market, then knc credit ratings will play asignificant part on the value of XBT shares.
How good, or bad, are knc's credit ratings?
I know there is at least one, and maybe more, class action lawsuits against them for selling useless mining gear. I don't think any of the lawsuits have gone to court yet, but if they lose will it affect their credit rating?