This performance is partly attributed to the successful approval of Grayscale’s application to convert GBTC into a spot bitcoin ETF by the U.S. SEC on Jan. 11. The approval positioned GBTC among 10 ...
Ark Invest added 450,272 GBTC shares worth $4.5 million to its ARK Next Generation Internet ETF (ARKW) in November 2022. At the time, GBTC was trading in the $7.46-$9.48 range versus $12.25 in January ...
The Grayscale Bitcoin Trust (GBTC) is an almost $14 billion market cap product that’s a giant in crypto investing. For more than two years, the fund traded at an increasingly widening discount to the ...
The price of GBTC moves according to well-defined cycles driven by the halving and global economic trends. The potential rate cut in September could boost the demand for Bitcoin, as has happened in ...
Get the latest news on Grayscale Bitcoin Trust (BTC) Common Units of fractional undivided beneficial interest stock with updates on market trends, financials, and analysis from Benzinga. Stay informed ...
The largest Bitcoin (BTC) institutional investment vehicle is coming under suspicion as it trades at a record discount. The Grayscale Bitcoin Trust (GBTC) is the latest Bitcoin industry entity to feel ...
The following is a heuristic analysis of GBTC outflows and is not intended to be strictly mathematical, but instead to serve as a tool to help people understand the current state of GBTC selling from ...
Grayscale Bitcoin Trust aims to convert into a Bitcoin Spot ETF to increase capital inflows and annual fee revenue. The GBTC discount has almost closed due to excitement about Bitcoin Spot ETF ...