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That is not what I am asking.
I am asking from where you got this quote:
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Grayscale Bitcoin Trust does not currently operate a redemption program and may halt creations from time to time. There can be no assurance that the value of the shares will approximate the value of the Bitcoin held by the Trust and the shares may trade at a substantial premium over or discount to the value of the Trust's Bitcoin. The Trust may, but will not be required to, seek regulatory approval to operate a redemption program.
So, when you invest in Grayscale shares, you are actually locked into that, and the only way to get rid of those is on the secondary market, after a minimum of six months.
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Do you have a link for the quote source?
There's nothing outlandish in that quote. It's almost entirely taken from their main site
Grayscale® Bitcoin Trust is currently unavailable Grayscale® Bitcoin Trust private placement is offered on a periodic basis throughout the year and is currently closed.
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Because each Product does not currently operate a redemption program, there can be no assurance that the value of such Product’s shares will reflect the value of the assets held by such Product, less such Product’s expenses and other liabilities, and the shares of such Product, if traded on any secondary market, may trade at a substantial premium over, or a substantial discount to, the value of the assets held by such Product, less such Product’s expenses and other liabilities, and such Product may be unable to meet its investment objective.
https://grayscale.com/products/grayscale-bitcoin-trust/