What would happen to my ETF if GrayScale go bankrupt?
Hello everyone, I live in a country that is a headache to buy and sell bitcoin.... And there is no option to withdraw money to bank account or creditcard....only via p2p with insane fees .. My only option is the stock market via the bank.... They offer Many known US Bitcoin ETFs, like iShares and GBTC.... My question is.... Is my ETF money safe if GrayScale go bankrupt? How does the ETF work? Is there an insurance company that give people the money back if ETF provider go bankrupt? Thanks submitted by /u/Leopardos [link] [comments]
Hello everyone,
I live in a country that is a headache to buy and sell bitcoin.... And there is no option to withdraw money to bank account or creditcard....only via p2p with insane fees ..
My only option is the stock market via the bank.... They offer Many known US Bitcoin ETFs, like iShares and GBTC....
My question is.... Is my ETF money safe if GrayScale go bankrupt? How does the ETF work? Is there an insurance company that give people the money back if ETF provider go bankrupt?
Thanks
[link] [comments]
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