What's in a name? Musings on VanEck's plan to offer a new way for investors to buy bitcoin
Partner offers
The Block may may earn a commission if you use our partner offers, at no extra cost to you.
Quick Take
- On Tuesday, VanEck announced it would launch a new product for folks to get exposure to bitcoin
- But make no mistake, it is not an ETF
- In some respects it resembles Grayscale’s GBTC product, but it’s more expensive
- The move likely indicates an ETF isn’t coming any time soon
What’s in a name? In covering the crypto space, this Shakespearean prose sits top of mind as semantic games swirl unabated. Take yesterday’s announcement that VanEck would launch a so-called “limited ETF.” Indeed, The Block fell victim to the positioning of the new product, which will offer a certain type of sophisticated investor a way […]
accessprotocol.co
Subscribe for Premium Content
To unlock this and other Premium content, subscribe via Access Protocol. You can pay with SOL.
