Grayscale GBTC Discount Hits 22-Month Low Amid Optimism for U.S. SEC’s Bitcoin ETF Approval
The price gap between shares of Grayscale Bitcoin Trust (GBTC) and the trust's underlying Bitcoin holdings has narrowed to its lowest level in 22 months. On October 13, 2023, GBTC shares traded at a 15.87% discount to the trust's net asset value, according to data firm YCharts. This represents the ...
