Grayscale Bitcoin Trust nears 2023 highs on BlackRock ETF filing as buyers step up By Cointelegraph

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(BTC) plans by BlackRock (NYSE:) appear to have sparked a rally in the “OG” institutional BTC investment vehicle.

Data from monitoring resource CoinGlass shows that on June 17, the Grayscale Bitcoin Trust (GBTC) almost hit new 2023 highs.

GBTC premium vs. asset holdings vs. chart (screenshot). Source: CoinGlass
ARK Invest GBTC holdings chart (screenshot). Source: Cathie’s ARK