12-12-2022 23:00 via newsbtc.com

Why The GBTC Discount Could Lead To A Bitcoin Sell-Off

Grayscale Bitcoin Trust (GBTC) remains the largest bitcoin trust in the world with billions of dollars worth of BTC, but in the last year, the trust has had a hard time keeping up with the market. The result of this has been a large premium that has continued to widen through the bear market. Currently, the GBTC is trading at a record-high premium, which has sparked speculations of a potential BTC sell-off in the pipeline.
GBTC Nears 50% Premium
The month of November was fraught with adversity f
Read more »