Senior members of the firm meet on a weekly basis to discuss our products and ways to improve them. I communicated your concerns to the team.
We have recently engaged in efforts with regulators to help push for SEC approval of a spot bitcoin ETF, which would allow market makers to redeem shares and likely bring the market price closer to NAV. We have also publicly announced our intention to convert OBTC to an ETF when the SEC changes their regulatory stance.
If you have any further questions let me know and I’d be happy to answer them.
Regards,
Mike
Mike Meszaros | Associate
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