Beyond the confidence given to BTC by regulators, which should already be priced in, what would "GBTC trading above market", within its closed loop system, really mean for BTC in general?
Not a humongous amount, but it would be a nice indicator of institutional demand which would give a wee fillip. It is a strange little financial instrument though.
US tax day April 15th? You wouldn't want to open a new business right at the end of the tax year I wouldn't have thought.
It's already open. The holdup seems to be down to issuing the shares to their clients, that's if they want to sell at all.
I've just received word from one of the shareholders.
Continental Stock Transfer & Trust, the company responsible for transferring the shares, needs an additional two weeks to verify share ownership and draft the ownership documents.
Continental Stock Transfer & Trust, the company responsible for transferring the shares, needs an additional two weeks to verify share ownership and draft the ownership documents.
There we go.
