2023-10-26 21:57 |
It’s possible the SEC could approve a spot ETF before any sales, taking discount worries off the table.
Similar to Notcoin - Blum - Airdrops In 2024
2023-10-26 21:57 |
It’s possible the SEC could approve a spot ETF before any sales, taking discount worries off the table.
Similar to Notcoin - Blum - Airdrops In 2024
The fund’s shares have traded at a discount to NAV since December 2021.
2023-10-18 23:44 | |
The Grayscale Bitcoin Trust (GBTC) discount to Net Asset Value (NAV) narrowed to the lowest level in 2023 as hopes that the Securities and Exchange Commission (SEC) will accept a Bitcoin ETF rose.
2023-10-16 17:39 | |
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 Bitcoin Trust (GBTC) is seeing its smallest discount in nearly two years amid growing anticipation for potential approval of spot Bitcoin ETFs in the U.S. Recent figures from YCharts indicate that GBTC’s discount to Bitcoin’s net asset value (NAV)…
2023-10-16 13:15 | |
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.
2023-10-16 09:42 | |
Some analysts say GBTC’s discount is narrowing because investors are pricing in the SEC’s approval on several pending spot Bitcoin ETF applications.
2023-10-16 06:17 | |
Grayscale Ethereum Trust's NAV discount hits one-year low at 26.64% amid a surge in US Ethereum ETF applications. The post Grayscale Ethereum Trust Discount Narrows to 1-Year Low Amid ETF Applications Surge appeared first on BeInCrypto.
2023-9-10 14:24 | |
The recent optimism around crypto spot exchange-traded funds helped narrow the ETHE discount.
2023-9-9 20:53 | |
Key Takeaways Crypto volatility has picked up in the last two weeks A positive court ruling regarding the conversion of Grayscale’s Bitcoin trust into an ETF propelled markets last week Gains have since been given up as SEC pushed out assessment date for ETF filings After a long period of calm, the crypto markets have […] The post Grayscale Bitcoin trust discount narrowing, SEC pushed out ETF deadline appeared first on CoinJournal.
2023-9-5 08:44 | |
The possibility the SEC will approve the conversion of GBTC into an ETF is playing a role in the discount narrowing, according to analysts.
2023-7-20 22:28 | |
Crypto asset manager Grayscale has questioned the U.S. Securities and Exchange Commission’s decision to approve a leveraged Bitcoin (BTC) exchange-traded fund (ETF) in a July 10 letter. The firm’s Bitcoin Trust (GBTC) also narrowed to its lowest point since May 2022, according to ycharts data, GBTC discount narrows GBTC’s discount to its net asset value […] The post Grayscale challenges SEC’s decision on leveraged Bitcoin ETF as GBTC discount narrows appeared first on CryptoSlate.
2023-7-11 23:57 | |
The discount has been narrowing on hopes the SEC might soon approve a spot bitcoin ETF.
2023-7-11 20:15 | |
Key Takeaways The Grayscale Bitcoin Trust (GBTC) has persistently traded at a discount to its net asset value The discount has narrowed to its lowest mark since September off hope the fund is more likely to be converted to an ETF The entire GBTC debacle represents the mess that is the institutional regulatory climate in […] The post Stay away from Grayscale Bitcoin Trust despite discount narrowing to 10-month low appeared first on CoinJournal.
2023-7-7 16:36 | |
Investors are betting that recent filings for spot BTC ETF improve the chances for Grayscale to convert its trust into an ETF and close the price gap, one observer said.
2023-6-28 01:53 | |
Grayscale earns around $380 million in annualized fees despite its GBTC product being inefficient, illiquid and trading at a discount, the report said.
2023-6-27 12:00 | |
Grayscale’s Bitcoin Trust (GBTC) shares rose 11% on June 20 to $16. 85 and narrowed the discount to its net asset value (NAV) to 33. 45%—its highest point since the beginning of the year, according to YCharts data.
2023-6-21 14:00 | |
Investors turned optimistic about Grayscale allowing redemptions in the future after BlackRock’s filing for spot bitcoin ETF last week, one analyst said.
2023-6-21 18:46 | |
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.
2023-6-17 19:58 | |
The three judge panel appeared skeptical of the SEC’s reasoning for denying conversion of the trust to an ETF.
2023-3-8 23:05 | |
The GBTC shares were trading at a 42% discount to bitcoin’s price on Monday, the lowest level since Feb. 7.
2023-3-7 21:10 | |
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 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 | |
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 | |
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 | |
Grayscale Investments' trust fund GBTC still trades at a 25% discount compared to Bitcoin's price.
2022-3-26 21:15 | |
Grayscale Bitcoin Trust, arguably the grand daddy of crypto-funds, may just have fulfilled a long-held ambition. It became an Exchange-traded fund (ETF)— at least in name. It officially submitted anThe post 24% discount or not, can Grayscale's Bitcoin Trust count on real support appeared first on AMBCrypto.
2022-2-15 11:30 | |
Grayscale had filed for a Bitcoin Spot ETF after the SEC had greenlighted three Bitcoin ETF Futures for trading last week. Expectations were high that the regulatory body would also approve this ETF which would prove to be a better trading option for investors in comparison to the futures ETFs. The investment firm filed to […]
2021-10-28 02:00 | |
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 | |
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 | |
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 | |
Following the launch of Canada’s first Bitcoin ETF, shares in Grayscale’s Bitcoin Trust have spent an entire month trading at a discount compared to spot BTC for the first time.
2021-4-2 04:55 | |
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 | |
The Securities and Exchange Commission (SEC) is seeking comments on another bitcoin-based exchange-traded fund (ETF). The proposal in question calls for the listing and trading of SolidX bitcoin shares, and stems from the VanEck SolidX Bitcoin Trust, which states it will invest in “bitcoin only.
2018-7-3 17:52 | |