“They might be a reflection of value … but they’re not the thing that you’re trying to optimize,” Sokolin said. “What you’re trying to actually optimize is people building things that are novel, useful and that anchor in new technology.”
Grayscale’s GBTC Sees Inflow for First Time Since Bitcoin ETF’s January Debut
While the Friday inflow ends the streak of net GBTC withdrawals, BlackRock's iShares Bitcoin Trust (IBIT) is challenging the fund...