2022-6-25 21:45 |
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. origin »
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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 | |
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Whole fund could act as indicator of upcoming bounce; here's how
2022-6-23 15:52 | |
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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 | |
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Shares of Grayscale Bitcoin Trust are trading at a record-breaking discount
2022-5-13 19:10 | |
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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 | |
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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 | |
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Grayscale Investments' trust fund GBTC still trades at a 25% discount compared to Bitcoin's price.
2022-3-26 21:15 | |
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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 | |
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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 | |
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Shares of the Grayscale Bitcoin Trust (GBTC) hit record lows against net asset value.
2022-1-21 04:00 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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GBTC will “take time” to restore its balance thanks to changing market forces, analyst Willy Woo says.
2021-8-20 12:48 | |
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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 | |
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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 | |
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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 | |
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As the Grayscale Bitcoin Trust trades at a discount, demand won't be reflected in the bitcoin price.
2021-6-19 15:00 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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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Continue reading at Coinspeaker
2021-4-23 15:23 | |
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Major Bitcoin hater Peter Schiff recalls his prediction for GBTC trading at a big discount when Grayscale decides to start dumping Bitcoin
2021-4-23 15:04 | |
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The Grayscale Bitcoin Investment Trust continues to trade at a significant discount compared to the bitcoin held within.
2021-4-23 19:32 | |
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A privately-held investment firm from Chicago, Marlton Partners, has urged Grayscale Investments to embrace the modified Dutch auction tender offer for GBTC shares. According to Marlton, such a tender offer “would materially narrow — if not eliminate — the discount to net asset value (NAV).
2021-4-9 08:30 | |
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Head and founder of Galaxy Digital crypto bank shared his take on the continuing GBTC discount and the role of Grayscale for the crypto community in general
2021-3-27 15:54 | |
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Grayscale Bitcoin fund products have traded at average discounts of 4.66% and 4.34% compared to NAV (net asset value) throughout March. This comes at a time when Bitcoin's price has dropped over 8% inThe post GBTC discount hit all time high, so where will Bitcoin's price head next? appeared first on AMBCrypto.
2021-3-26 17:30 | |
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The founder of Bytetree Asset Management, Charlie Morris, has suggested the reduction of the GBTC management fee as one way Grayscale Investment can ease the current selling pressure and possibly reduce the discount on the shares.
2021-3-21 07:30 | |
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Meanwhile, the GBTC continues to trade at a discount as Grayscale, which does not have any redemption program, works on converting it into an ETF. The post Grayscale Closes Private Placement in GBTC, Which Holds 3.
2021-3-12 19:52 | |
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Barry Silbert's Digital Currency Group to purchase the shares of Grayscale's Bitcoin trust
2021-3-10 17:35 | |
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Despite GBTC trading at a discount, Bitcoin's price has been rallying on the charts lately. At the time of writing, BTC was trading at $54,000, with the cryptocurrency recovering somewhat from its ranThe post Bitcoin at $57,000 before the weekend? Here's why it is possible appeared first on AMBCrypto.
2021-3-10 16:00 | |
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The premium on Grayscale Investment’s GBTC, which turned negative for the first time on February 23, is continuing its downward slide. As the latest Glassnode data shows, the GBTC was trading at a record low discount of -11.
2021-3-7 15:00 | |
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GBTC share prices have also been taking a beating along with the sell-off in the traditional market while the price of Bitcoin continues to consolidate in the $40k-$50k range. The post GBTC Discount Starts Making A Recovery After Crashing to a Record Low of Almost 12% first appeared on BitcoinExchangeGuide.
2021-3-7 21:18 | |
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The Grayscale product is one of the only Bitcoin-focused financial instruments for institutional and accredited investors. The post Why is Grayscale’s Bitcoin Trust (GBTC) trading at a discount? appeared first on CryptoSlate.
2021-3-7 18:22 | |
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The Grayscale Bitcoin Trust (GBTC) has been having its adversest month in its seven-year history. GBTC has dropped to nearly a 12% discount, its highest ever. However, according to one analyst, this could signal Bitcoin’s spike to $100,000 if history repeats itself.
2021-3-7 13:03 | |
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History repeating itself have the potential to spark a 2-4X BTC price run, data covering the GBTC premium suggests.
2021-3-6 13:26 | |
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As GBTC premium has fallen 11.92 percent, vocal Bitcoin critic Peter Schiff stated that this could indicate weakening confidence of institutions in BTC
2021-3-5 12:03 | |
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Bitcoin's biggest Bitcoin Fund - Grayscale's GBTC is trading at a discount for the third time, and it is the largest discount so far. It started off with less than -0.25% discount, following Bitcoin'sThe post Bitcoin: With Grayscale's premium dropping, is this the right time to invest? appeared first on AMBCrypto.
2021-3-1 19:00 | |
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GIGTRICKS – A 360-DEGREE ON-DEMAND ECOSYSTEM WITH ZERO$ CUSTOMER ACQUISITION MODEL IS MOVING FORWARD SWIFTLY WITH ITS TOKEN SALE AND THE 50% DISCOUNT ACTIVATION DATE HAS BEEN UNRAVELLED 21st Jun 2018 – GigTricks has successfully completed its private sale and people all over the world supported the Gibraltar based startup with the support office in Dubai […]
2018-6-22 02:29 | |
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The Czech National Bank (CNB) is considering a 5% Bitcoin allocation, surpassing its gold reserves. If approved, this move could reshape the future of national reserve assets.
High-stakes chances are nothing new to cryptocurrency enthusiasts, and a new competitor has emerged with the ability to completely alter market trends. Analysts see that WallitIQ (WLTQ) is gaining more attention despite Shiba Inu solidifying its place as a notable meme coin.
Rosseti's move into crypto mining could boost Russia's economy by utilizing excess power capacity, despite regional mining restrictions. The post Russian power grid titan eyes Bitcoin mining ventures appeared first on Crypto Briefing.
Shiba Inu, driven by community enthusiasm and viral trends, showcased the power of decentralized online communities. SHIB has been a major player in the meme crypto sector for years, standing out as a strong rival to Dogecoin.
MicroStrategy plans to redeem $1.05B in notes amid Bitcoin tax rule concerns, due to CAMT's impact on unrealized Bitcoin gains. The post MicroStrategy to redeem $1.05B in convertible notes amid concerns over Bitcoin tax rules appeared first on Crypto Briefing.
KTON, Launching February 2025, Poised to Unleash 18X Growth in TON’s Liquid Staking Market KTON, an institutional-grade liquid staking protocol incubated by TONX, the leading TON-focused venture studio backed by top VC firms from the Asia-Pacific region, is gearing up for its V1 launch in February 2025.
Retail on-chain activity fell 19% as Bitcoin trades above $105K, according to CryptoQuant data, signaling low retail interest. The post Retail on-chain activity drops 19% despite Bitcoin’s strength above $100K appeared first on Crypto Briefing.