BlockFi May Still Accept GBTC as Collateral in the Future

BlockFi may still accept GBTC as collateral in the future. According to a BlockFi representative: "While we don't currently hold any positions in GBTC and are winding down a couple of loans where GBTC is part of the collateral package, we are not saying that we won't support GBTC as collateral moving forward. Like any collateral, we constantly evaluate appropriate collateral haircut ratios and aim to accept as many types of collateral that our client's hold as possible." Previously, BlockFi said earlier Tuesday that it would no longer accept GBTC as collateral.