Analyst: The Sharp Narrowing of the Negative Premium Rate of Grayscale GBTC Indicates That the Possibility of Future ETF Spot Approval in the United States Has Increased Significantly

08/22 01:40

According to YCharts.com, on Friday the trading price of GBTC was discounted by 26% compared to its net asset value (NAV). On August 14th, this ratio had dropped to just under 24%, a decrease of about 20 percentage points from the approximately 44% discount on June 13th.
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