Odaily News Reggie Browne, head of ETF trading at market maker GTS, said that the trading price of the Bitcoin spot ETF will be at a significant premium to its net asset value. Browne said a fund, if approved, could trade at an 8% premium to the value of the underlying assets. By comparison, the ProShares Bitcoin Strategy ETF (BITO), which holds Bitcoin futures, has seen an average premium of 0.02% over the past year. Browne said: “The width of the spread is not the concern, I think the issue will be the premium compared to the net asset value, which will be a crazy number.” Browne also said that if approved, he expects investors to invest in spot Bitcoin At least $2 billion was injected into the ETF within the first 30 days of trading. For the full year, he expects the funds to reach $10 billion to $20 billion. While we are celebrating today, I think all the details will be announced tomorrow morning. (Bloomberg)