Grayscale Bitcoin Trust’s impressive surge a potential indicator for spot ETF approval

exchange681 week ago

0 0 2 minutes read

In the ever-changing landscape of the crypto market, one asset has emerged as a true powerhouse. The Grayscale Bitcoin Trust (GBTC) has defied all odds, outperforming not just Bitcoin and Ethereum, but also major players like Coinbase and Microstrategy. But this is just the beginning of its remarkable story… The discount of GBTC to Net Asset Value has contracted to 16%, the smallest measure in years. Is this a mere coincidence, or a strategic hint at the market’s future direction? All eyes now turn to the…

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