2023-3-7 21:10 |
The GBTC shares were trading at a 42% discount to bitcoin’s price on Monday, the lowest level since Feb. 7.
Similar to Notcoin - Blum - Airdrops In 2024
2023-3-7 21:10 |
The GBTC shares were trading at a 42% discount to bitcoin’s price on Monday, the lowest level since Feb. 7.
Similar to Notcoin - Blum - Airdrops In 2024
Grayscale's GBTC has narrowed to a 16.5% discount as investors grow optimistic about the approval of a spot Bitcoin ETF. The post GBTC Shares Discount to NAV Narrows to 16% Amid Investor Optimism appeared first on BeInCrypto.
2023-10-16 14:30 | |
Grayscale Investments’ boss, Michael Sonnenshein, said that if GBTC got the green light to “convert” to a spot Bitcoin ETF, there would “no longer” be a discount or a premium amid ongoing legal action against the SEC.
2023-2-27 06:36 | |
Shares of the bitcoin trust are selling at a 47% discount to its net asset value. The discount has been increasing over the past week.
2023-2-14 22:23 | |
Shares of the Grayscale Bitcoin Trust (GBTC) jumped on Monday, bringing the trust's discount to Bitcoin closer to BTC's original price.
2023-1-11 00:16 | |
Shares of the Grayscale Bitcoin Trust (OTCMKTS: GBTC) rose on Tuesday as an uptick across the crypto market pushed prices of Bitcoin (BTC/USD) and other cryptocurrencies higher. What’s the discount to NAV? The discount or premium to NAV of a security is the calculation of the percentage at which an exchange traded fund (ETF) or […] The post Grayscale Bitcoin: GBTC discount to NAV narrows to -38.55% appeared first on Invezz.
2023-1-12 21:41 | |
Key Takeaways GBTC Fund is up 25% since the start of the year, compared to a 4% rise in the underlying asset, Bitcoin The discount is now back to where it was prior to the FTX collapse, at 37% The discount had hit an all-time high of 50% only four weeks ago The largest […] The post Grayscale Bitcoin Fund up 25% this year, but discount still killing investors appeared first on CoinJournal.
2023-1-11 21:24 | |
Valkyrie Investments has laid out a proposal to become the new sponsor and manager of Grayscale’s troubled bitcoin trust (GBTC) and fix its large discount.
2023-1-2 02:02 | |
GBTC, the world’s largest bitcoin fund, has been trading at near a record discount relative to the price of bitcoin.
2022-12-31 00:59 | |
Bitcoin does not look good when it comes to sustained BTC price upside, traders warn, as GBTC reaches a fresh record discount.
2022-12-19 18:47 | |
Several crypto-related stocks have seen their values plunge to new record lows despite Bitcoin’s (BTC) value gaining upward momentum over the past 30 days. The post Crypto stocks plunge to record lows, GBTC at 50% discount despite Bitcoin uptick appeared first on CryptoSlate.
2022-12-14 16:45 | |
The fallout from crypto exchange FTX’s implosion continued as data showed the GBTC discount rate to bitcoin hitting a record high. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.
2022-12-11 01:30 | |
The debut of the "DEFG" fund in over-the-counter markets comes as Grayscale’s largest fund, the Grayscale Bitcoin Trust (GBTC), is under distress and at the center of crypto-market speculation.
2022-12-9 16:30 | |
The fallout from crypto exchange FTX’s implosion continued as data showed the GBTC discount rate to bitcoin hitting a record high. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.
2022-12-9 01:44 | |
Grayscale Bitcoin Trust (GBTC) shares are selling at a record discount of 42.69% to the underlying asset’s value following FTX’s implosion and fears of market contagion. The post Community fears FTX implosion might affect Grayscale appeared first on CryptoSlate.
2022-11-19 15:15 | |
Dylan LeClair and Mark Moss break down the FTX implosion, the current GBTC discount and how the global macro environment will affect the bitcoin price.
2022-11-18 07:00 | |
Grayscale Bitcoin Trust (GBTC), the world’s largest institutional Bitcoin fund, was recently at the end of its worst performance since inception in 2013. On 9 November, GBTC closed at $8.76 - AThe post Grayscale Bitcoin Trust sees record discount as BTC plummets on the charts appeared first on AMBCrypto.
2022-11-11 17:30 | |
The Grayscale Bitcoin Trust (GBTC) has made a name for itself in the public markets as not only the first-ever publicly traded trust underlined by a cryptocurrency, but it is also the largest bitcoin trust in the world.
2022-10-6 02:00 | |
Grayscale’s bitcoin trust (GBTC) which started trading at a discount in February 2021 has reached an all-time low of -36% when compared to the spot BTC price of $19,000. The post Research: Grayscale’s GBTC drops to all-time low of $12.
2022-10-5 19:23 | |
The discount between the share price of the Grayscale Bitcoin Trust and the equivalent value of its underlying bitcoin has widened to 31% from 28.4% on Thursday – a sign of waning optimism after the SEC rejected a proposal to convert the investment vehicle into an exchange-traded fund.
2022-7-2 21:31 | |
It's hard to imagine that data showing traders piling into a trade designed to profit from further bitcoin price declines might be bullish, but that's how some analysts are interpreting the signal.
2022-6-25 23:29 | |
Shares of the GBTC are trading at a discount of 29% to bitcoin’s price, down from 34% last week – and there's all sorts of speculation on what it means.
2022-6-25 21:45 | |
Whole fund could act as indicator of upcoming bounce; here's how
2022-6-23 15:52 | |
Shares of GBTC are trading below prices seen during the 2017 bull run and markets are repricing the level of risk of holding MicroStrategy equity.
2022-5-20 04:30 | |
Shares of Grayscale Bitcoin Trust are trading at a record-breaking discount
2022-5-13 19:10 | |
It's a polarizing world in institutional Bitcoin offerings this week as Grayscale's CEO remains convinced demand will return.
2022-5-14 15:35 | |
The discount brokerage has seen a steep decline in crypto-related revenue over the past 12 months as retail traders exited the market.
2022-5-7 19:30 | |
Grayscale Investments' trust fund GBTC still trades at a 25% discount compared to Bitcoin's price.
2022-3-26 21:15 | |
Bitcoin was trading flat to negative even as the European stocks and the S&P 500 futures got a slight tailwind.
2022-3-8 16:58 | |
More capital enters the flagship Grayscale trust as it eyes regulator approval to become an exchange-traded fund later this year.
2022-3-7 16:02 | |
Shares of the Grayscale Bitcoin Trust (GBTC) hit record lows against net asset value.
2022-1-21 04:00 | |
The Grayscale Bitcoin Trust (GBTC) stock has expanded its discount against the underlying cryptocurrency held in the fund. As a result, on Wednesday, the stock reached a record level of 26. 5%. The Outcomes of the Discount Following the discount, investors in the GBTC are exposed to more significant losses.
2022-1-21 02:00 | |
Purpose Investments recorded the largest inflows yet again while the discount on Grayscale’s Bitcoin Trust (GBTC) hit a new low of 21.36%. The post Bitcoin and Ether Breaks Trend With Outflows While Altcoins Continue to See Inflows first appeared on BitcoinExchangeGuide.
2021-12-21 17:36 | |
Uncertainty across the board means an unusual end to a bull market Q4 for Bitcoin this year, but a price floor may be closer than many think.
2021-12-21 10:38 | |
This issue can potentially set the path to a Bitcoin spot ETF approval, for which Grayscale has already filed. But for now, GBTC shares are trading at a steep 19% discount. The post First US Bitcoin ETF is Reaching its Limit After Becoming the Fastest Fund to Amass Billion in Assets first appeared on BitcoinExchangeGuide.
2021-10-22 15:53 | |
Grayscale Bitcoin Trust (GBTC) has more than $40 billion assets under management and is currently trading at a steep 16.56% discount. The post Grayscale Kickstarts SEC Review of its Spot Bitcoin ETF (‘BTC’) Application first appeared on BitcoinExchangeGuide.
2021-10-20 16:44 | |
Billionaire manager Bill Miller invested in GBTC when it was at a steep discount as it provided “additional upside potential.” Also bought $21.5 mln of COIN shares, calling it “quite a steal.” The post Bitcoin ‘Early’ in the ‘Adoption Curve’ and Has ‘Significant Upside Potential’ as Digital Gold, says Miller Opportunity Trust in SEC Filing first appeared on BitcoinExchangeGuide.
2021-9-5 19:36 | |
GBTC will “take time” to restore its balance thanks to changing market forces, analyst Willy Woo says.
2021-8-20 12:48 | |
In the latest institutional buying update, several firms added crypto exposure in the quarter ending June 30, 2021. As first reported by MacroScope, according to the recent filings with the US Securities and Exchange Commission (SEC), Ancora Advisors disclosed holding 13,945 shares of Grayscale Bitcoin Trust (GBTC) and 2,674 shares of Grayscale Ethereum Trust (ETHE).
2021-8-14 17:24 | |
This significant reversal in GBTC discount could possibly be also a “signal that investors are confident in BTC’s recent recovery,” as Bitcoin trades above $40,000 after eight straight green daily candles from $29,300 low earlier last week.
2021-7-29 15:43 | |
COIN shares are recovering in tandem with Bitcoin prices while the discount on GBTC shares continues to shrink, now at 4.83%. The post Ark Invest’s Cathie Wood Buys the Dip and Adds to GBTC and COIN Stash first appeared on BitcoinExchangeGuide.
2021-6-23 18:56 | |
As the Grayscale Bitcoin Trust trades at a discount, demand won't be reflected in the bitcoin price.
2021-6-19 15:00 | |
Crypto assets’ non-correlation to equity and fixed income markets and a “vast majority of U.S. investors have yet to invest in crypto” has Simplify investing 10% of the fund in Bitcoin. The post Simplify Buying GBTC at a Discount for its ETF first appeared on BitcoinExchangeGuide.
2021-5-27 19:05 | |
Meanwhile, GBTC continues to trade at a steep discount. From the low of 21.23% last week, the discount has recovered a bit, and during this time, the BTC price crashed almost 20%. The post Grayscale Bitcoin Trust (GBTC) Shares to Flood the Market Over the Next Couple of Months first appeared on BitcoinExchangeGuide.
2021-5-19 17:46 | |
Grayscale, one of the largest cryptocurrency fund managers, has declared it is trying to morph the bitcoin trust GBTC into an exchange-traded fund (ETF) to solve its price woes. The exchange rate is now at a 20% price discount compared to its bitcoin holdings, a fact that has many worried about the overall sustainability of […]
2021-5-16 06:30 | |
The Grayscale Bitcoin Trust continues to trade at a discount compared to BTC, a situation that presents a unique challenge to Grayscale and investors.
2021-5-9 23:24 | |
Despite Digital Currency Group purchasing $81.3 million of GBTC shares in March, the trust continues to trade at a discount
2021-5-8 17:15 | |
Grayscale’s parent company authorized up to $750 million in GBTC purchases as the trust’s shares continue to trade at a discount to NAV.
2021-5-4 22:56 | |
Discount on GBTC meanwhile tanked to 19% before recovering to -5.75% as it continues to face increased competition from several Bitcoin ETFs trading in Canada. The post Bitcoin Posted Record Weekly Outflow while Ethereum Showed Strong Inflows: CoinShares Report first appeared on BitcoinExchangeGuide.
2021-4-27 18:57 | |
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2021-4-23 15:23 | |