Replies to post #26028 on Grayscale Bitcoin Trust (GBTC)

[price_and_volume]

That would suck for many

WARNING: BIG TROUBLE WITH GBTC.

Genesis first said no 'exposure to FTX', then $7 million exposure, then $175 million exposure, and now they "need $1 billion".

Genesis ain't Grayscale, but they're all under the same DGC umbrella...

I have no idea if Grayscale would be called on to liquidate inventory to cover losses elsewhere in the DGC portfolio but escalation is clearly possible.

GLTA