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GBTC Discount Narrows to Zero; Experts Say Return of Premium to NAV Is a Possibility
30.1.2024
The recently disappeared GBTC discount may be “a sign of industry maturing and the improved enterprise acceptance of bitcoin.” While some see the disappearance of the discount as pointing to the re-emergence of the premium to the net asset value (NAV), one expert said he sees...
Grayscale’s GBTC Discount Closes to Zero for First Time Since February 2021
11.1.2024
Grayscale received the regulatory green light to convert its flagship product into an ETF on Wednesday
GBTC Discount Sinks to Lowest Level in 18 Months as Grayscale Falls Behind in ETF Fee Race
9.1.2024
Data shows the discount fell to as low as 5.6% on Monday, reaching a level previously seen in June 2021
Grayscale Bitcoin Trust Discount Evaporating and Traders Back New Bitcoin ETF Token With More Than $2m as Sellout Looms and SEC Approval Bets Mount
30.11.2023
Thursday, November 24, 2023 – The Grayscale Bitcoin Trust (GBTC) discount is evaporating and the new Bitcoin ETF Token ($BTCETF) has attracted $2 million from traders in the latest two indications that bets on the imminent approval of a spot Bitcoin ETF are piling up. Meanwhile, the founder...
First Mover Americas: GBTC Discount to NAV Shrinks to Narrowest Since July 2021
27.11.2023
The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 27, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Grayscale’s GBTC Witnesses Historic Shrink in Discount to NAV as Metric Taps Single Digits
25.11.2023
On Friday, data revealed a notable shift in Grayscale’s Bitcoin Trust, commonly referred to as GBTC, as its discount to net asset value (NAV) contracted to single digits for the first time in 2023. The figures indicate that GBTC’s discount reached 8.06%, a level last observed two years ago....
Grayscale's GBTC Discount to NAV At Narrowest Since July 2021 on ETF Optimism
24.11.2023
First Mover Americas: Grayscale’s GBTC Discount Narrows to 10%
13.11.2023
The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 13, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
First Bitcoin ETF trades $1.5B as GBTC 'discount' echoes $69K BTC price
29.10.2023
ProShares and Grayscale lead a surge of activity in Bitcoin investment products, with analysis confident of implied demand for a Bitcoin spot ETF
What Happens to GBTC Discount When FTX Sells its Holdings?
26.10.2023
It’s possible the SEC could approve a spot ETF before any sales, taking discount worries off the table
First Mover Americas: GBTC Discount Continues to Narrow; Reddit’s Crypto Tokens Plummet
18.10.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 18, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
GBTC Discount Continues to Narrow as Investors Await ETF Conversion Decision
17.10.2023
The fund’s shares have traded at a discount to NAV since December 2021
Grayscale 'GBTC Discount' Narrows to Near 2-Year Low as SEC Misses ETF Appeal Window
16.10.2023
The narrowing of the discount likely represents increased likelihood that Grayscale will be able to convert its close-ended bitcoin trust into a spot-based exchange-traded fund
Grayscale GBTC discount falls to 16% as markets bet on Bitcoin ETF approval
16.10.2023
Some analysts say GBTC’s discount is narrowing because investors are pricing in the SEC’s approval on several pending spot Bitcoin ETF applications
GBTC 'discount' hits smallest since 2021 despite BTC price at 3-month lows
11.9.2023
Bitcoin sits in the shade as the GBTC share price creeps ever closer to 1:1 against the BTC price
The GBTC Discount Is Narrowing; Here's Why It Matters
19.7.2023
The possibility the SEC will approve the conversion of GBTC into an ETF is playing a role in the discount narrowing, according to analysts
First Mover Americas: GBTC Discount Narrows to Lowest Since May 2022
11.7.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for July 11, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
GBTC Discount Narrows After BlackRock’s Filing for Spot Bitcoin ETF
16.6.2023
Fund manager Grayscale is currently in a legal standoff with the SEC after the agency denied an application to convert the Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund
GBTC Discount Narrows to Lowest Level Since November Following Court Hearing
7.3.2023
The three judge panel appeared skeptical of the SEC’s reasoning for denying conversion of the trust to an ETF
GBTC Discount Narrows to 42% Ahead of Grayscale’s ETF Hearing Tuesday
6.3.2023
The GBTC shares were trading at a 42% discount to bitcoin’s price on Monday, the lowest level since Feb. 7