Grayscale Bitcoin Fund’s Discount Narrows as Court Decision Nears

07/20 19:00

The discount on the Grayscale Bitcoin Fund (GBTC) narrowed to its lowest level since last year as a court decision looms. Investors are optimistic about the possibility of GBTC being converted to an exchange-traded fund (ETF). Currently, GBTC trades at a roughly 8% discount to its net asset value, with a market capitalization of $1.8 billion. This is the smallest difference since 2022.
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