Bitcoin owners- Short GBTC

Its like selling your BTC at ~$5000
Ridiculous 80% premium to NAV

Looks like an easy arb to lock in some gains on a portion of your holdings (if you can get a locate).

 

it may turn out to be one of the great short squeezes in history.

 

no such animal.

 

It is trading at $4000 in South Korea.

 

why the difference?

 

Suggestion of capital controls so difficult to arbitrage.

http://www.zerohedge.com/news/2017-...-2600-2700-overnight-south-korea-demand-soars