11-09-2022, 03:46 AM
GBTC contingency planning?
<!-- SC_OFF --><div class="md"><p>I have been invested in GBTC for some time and was curious as to Grayscale’s plans for the trust should the courts side with the SEC and not allow the conversion to a spot ETF. Obviously concerned because the shares trade at ~37% discount to NAV. </p> <p>I have not been able to find any contingency plans from Grayscale online and am hoping for more clarity around what they would do with the trust (and for shareholders) if they were unable to ever successfully convert this to an ETF.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/_pieceapizza"> /u/_pieceapizza </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/ypyvrz/gbtc_contingency_planning/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/ypyvrz/gbtc_contingency_planning/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>I have been invested in GBTC for some time and was curious as to Grayscale’s plans for the trust should the courts side with the SEC and not allow the conversion to a spot ETF. Obviously concerned because the shares trade at ~37% discount to NAV. </p> <p>I have not been able to find any contingency plans from Grayscale online and am hoping for more clarity around what they would do with the trust (and for shareholders) if they were unable to ever successfully convert this to an ETF.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/_pieceapizza"> /u/_pieceapizza </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/ypyvrz/gbtc_contingency_planning/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/ypyvrz/gbtc_contingency_planning/">[comments]</a></span>