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