>someone could buy a large amount of bitcoin and trade it for a set amount of GBTC shares. They allowed that (with a 6 month delay) (until March 2021 when they

>someone could buy a large amount of bitcoin and trade it for a set amount of GBTC shares. They allowed that (with a 6 month delay) (until March 2021 when they stopped allowing it). That's basically what the entire article is about. Redemption is going in the opposite direction. And they didn't allow that (well, they did allow it, but stopped in 2014).