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by arcticbull
1808 days ago
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Yes, its important for tracking that authorized participants are able to both create and redeem the ETFs for the underlying. This is why the Grayscale family does such a god-awful job of tracking the underlying. Check out the premium over time. [1] I suspect these are more like perpetual futures or CFDs? [1] https://ycharts.com/companies/GBTC/discount_or_premium_to_na... |
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