thingtank on Nostr: So it looks like the Blackrock filing is a trust and not an ETF. It differs from ...
So it looks like the Blackrock filing is a trust and not an ETF. It differs from Grayscale by allowing share creations and redemptions in blocks of 40,000. It’s not technically an ETF, but the premium/discount should be much less than Grayscale. The Grayscale discount may increase if the Blackrock trust is approved and Grayscale’s case against the SEC fails.
Published at
2023-06-15 23:51:28Event JSON
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"content": "So it looks like the Blackrock filing is a trust and not an ETF. It differs from Grayscale by allowing share creations and redemptions in blocks of 40,000. It’s not technically an ETF, but the premium/discount should be much less than Grayscale. The Grayscale discount may increase if the Blackrock trust is approved and Grayscale’s case against the SEC fails.",
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