GBTC Discount Narrows to 42% Ahead of Grayscale’s ETF Hearing Tuesday
[ad_1] Laurent Kssis, a crypto trading adviser at CEC Capital, said that with GBTC trading at such a discount, it makes sense to hold some of the shares, although traders…
[ad_1] Laurent Kssis, a crypto trading adviser at CEC Capital, said that with GBTC trading at such a discount, it makes sense to hold some of the shares, although traders…
[ad_1] The trading debut for the new fund, under the symbol “DEFG,” comes as the shares of Grayscale’s largest fund, the Grayscale Bitcoin Trust (GBTC), are trading a record 47%…
[ad_1] 3AC continued to borrow from lenders expecting a market rebound. This was until bitcoin (BTC) fell to nearly $20,000 in late June, causing the firm’s positions to go awry…
[ad_1] The widening in the discount is seen as a sign of waning optimism for a conversion anytime soon – the opposite of what was happening last week, when some…
[ad_1] Grayscale (whose parent company Digital Currency Group also owns CoinDesk) has applied to convert the GBTC into an exchange-traded fund, or ETF. And for months, some traders have been…
[ad_1] The largest Bitcoin investment vehicle, the Grayscale Bitcoin Trust (GBTC), is now trading at its biggest ever discount to the spot market.Data from on-chain analytics resource Coinglass shows GBTC…
[ad_1] Bitcoin (BTC) descending to $24,000 has cost its largest institutional investment vehicle more than the average hodler.According to data from on-chain monitoring resource Coinglass on May 13, the Grayscale…
[ad_1] Things are looking up for the United States’ largest institutional Bitcoin (BTC) product by asset holdings.Data from on-chain monitoring resource Coinglass confirms that as of April 21, the Grayscale…
[ad_1] Institutional investors are returning to accumulate Grayscale Bitcoin Trust (GBTC) shares as the discount to spot price his risen to nearly 30%, data on Glassnode shows.Since December 2021, some…
[ad_1] Bitcoin (BTC) institutional demand is conspicuously wanting at the end of the year as data flags the “underperformance” of the United States’ first Bitcoin futures exchange-traded fund (ETF).As noted…