Transcript Ep:582: Why the SEC May Want Cash Creation of Spot Bitcoin ETFs
Bloomberg analyst James Seyffart explains why it seems the SEC prefers cash vs. in-kind creation of spot bitcoin ETFs, and why this choice would negatively impact Grayscale.
James Seyffart:
Alot of issuers don't want to do this. Most of them, they deal specifically with in-kind because they don't really want to have to be going into markets and buying and selling this stuff and what have you, right? So it's going to be more onus on the issuer to operate these. So there might be some issuers out there that as I hinted at the …
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