GBTC ‘elevator to hell’ sees Bitcoin spot price approach 100% premium By Cointelegraph

(BTC) investment vehicle, the Grayscale Bitcoin Trust (GBTC), is trading close to 50% below the BTC price on spot markets.

Data from on-chain analytics platform Coinglass confirms that on Dec. 8, GBTC shares hit a new record low of -47.2% against .