In this issue of the Bloomberg Crypto newsletter, Katie Greifeld explores the controversial issue of redemptions with spot-Bitcoin exchange-traded funds.
A week ago, this newsletter I've marveled at how even mundane paperwork updates are now market-moving events in the crypto world as the industry awaits the first potential Bitcoin spot exchange-traded fund in the USA. Today, rickety plumbing mechanics are in fashion as U.S. issuers and regulators iron out the final details.