prediction:

grayscale is forcefully sold to blackrock as part of DCG fraud plea deal.

GBTC will become the first US ETF but under blackrock's ownership

ticker will change to: BTC

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Maybe BBTC. For Blackrock.

Bitcoin security entitlement held in a custodial account. With the amount of debt in the existing system, only to explode higher, this won't end well for those eager to buy ETF.

seems like I am going to be wrong. from the DTCC (Depository Trust & Clearing Corporation) website

$IBTC