Grayscale Seeks SEC Reporting Status for Its Digital Large Cap Fund
The crypto asset manager's bitcoin and ethereum trusts both achieved reporting status last year.
The 13 include 1inch, Bancor, Curve, Polygon and 0x.
Craig Salm (Grayscale), Marta Belcher (Protocol Labs) and Chen Arad (Solidus) discuss how regulation and privacy can get along.
One analyst interpreted the move as an arbitrage play.
The discount is the difference between the price of the underlying bitcoin asset and the value implied by the price of the trust’s shares.
Anyone with a stock account can now make a savvy, albeit risky, bet on GBTC pricing disparities that were previously exclusive to big players.