Grayscale GBTC discount falls to 16% as markets bet on Bitcoin ETF approval By Cointelegraph
October 16, 2023
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Grayscale’s investment vehicle, Grayscale Bitcoin Trust (GBTC) is trading at its lowest discount in nearly two years, as spot Bitcoin ETFs continue to inch toward potential approval in the United States.
The latest data from YCharts shows GBTC’s discount to Bitcoin net asset value (NAV) has narrowed to 15.87% as of Oct. 13.
Continue Reading on Coin Telegraph
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© Reuters.
Grayscale’s investment vehicle, Grayscale Bitcoin Trust (GBTC) is trading at its lowest discount in nearly two years, as spot Bitcoin ETFs continue to inch toward potential approval in the United States.
The latest data from YCharts shows GBTC’s discount to Bitcoin net asset value (NAV) has narrowed to 15.87% as of Oct. 13.
Continue Reading on Coin Telegraph
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