The Grayscale Bitcoin Trust (GBTC) is an almost $14 billion market cap product that’s a giant in crypto investing. For more than two years, the fund traded at an increasingly widening discount to the ...
Bitcoin (BTC) investment vehicle, the Grayscale Bitcoin Trust (GBTC), could erase its BTC price “discount” in 2024. In an X (formerly Twitter) post on Aug. 30, monitoring resource CoinGlass predicted ...
The largest Bitcoin (BTC) institutional investment vehicle is coming under suspicion as it trades at a record discount. The Grayscale Bitcoin Trust (GBTC) is the latest Bitcoin industry entity to feel ...
Today's apparently favorable legal discussions could ultimately collapse Grayscale Bitcoin Trust's discount to NAV, creating a positive outcome for investors. A decision could come around May 2023.
In the past month, GBTC's discount to NAV has shifted from around 48% to 36% while bitcoin has rallied. This is likely a result of a sentiment shift in the crypto market, rather than any fundamental ...
The Grayscale Bitcoin Trust (GBTC) discount to net asset value has fallen to its lowest level in a month ahead of oral arguments in federal court on Tuesday related to Grayscale's lawsuit against the ...
The clock is ticking on a limited-time offer to get bitcoin on the cheap. Whether it turns out to be a bargain or a bad deal depends on the actions of an intransigent regulator. After more than two ...
Bankrupt crypto exchange FTX owns around $417 million of Grayscale’s Bitcoin Trust (GBTC), according to a court filing, and analysts are speculating over what this means for the price of the fund when ...
Grayscale Bitcoin Trust’s (GBTC) share price continued to soar on Tuesday morning amid optimism about converting the fund into an exchange-traded fund (ETF) after investment management firm BlackRock ...
The Grayscale Bitcoin Trust (GBTC) has registered a new record low, trading at around a 36% discount against BTC spot prices. The increasing discount could be an indication of dwindling institutional ...
Grayscale Bitcoin Trust (GBTC) is now trading at -42.69% under the value of its Bitcoin holdings, worth about $10.57 billion. The world’s largest Bitcoin fund accounts for ~3% of the total Bitcoin ...