Grayscale Bitcoin Trust Discount Narrows to Lowest Since May 2022
Submitted by Anonymous (not verified) on Mon, 07/10/2023 - 20:30The discount has been narrowing on hopes the SEC might soon approve a spot bitcoin ETF.
The discount has been narrowing on hopes the SEC might soon approve a spot bitcoin ETF.
Investors are betting that recent filings for spot BTC ETF improve the chances for Grayscale to convert its trust into an ETF and close the price g
Investors are betting that recent filings for spot BTC ETF improve the chances for Grayscale to convert its trust into an ETF and close the price g
Grayscale earns around $380 million in annualized fees despite its GBTC product being inefficient, illiquid and trading at a discount, the report s
Grayscale earns around $380 million in annualized fees despite its GBTC product being inefficient, illiquid and trading at a discount, the report s
Investors turned optimistic about Grayscale allowing redemptions in the future after BlackRock’s filing for spot bitcoin ETF last week, one analyst
Investors turned optimistic about Grayscale allowing redemptions in the future after BlackRock’s filing for spot bitcoin ETF last week, one analyst
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