Grayscale Bitcoin Fund Discount Narrows to -1.9%
Ycharts data indicates that the discount of the Grayscale Bitcoin Fund (GBTC) relative to its Net Asset Value (NAV) has narrowed to -1.9%. Historical data reveals that since February 2021, GBTC's trading price has consistently been lower than the price of Bitcoin it holds, reaching nearly a 50% historic low in December 2022.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethena withdraws $7.05 million worth of ENA from an exchange, currently holding ENA valued at $100 million in total
Data: The current Crypto Fear & Greed Index is 27, indicating a state of fear.
Data: Multiple tokens experience a surge followed by a pullback, EGLD hits a new weekly low