news

bitcoin

1 X bitcoin bitcoin =

Monday

19 April 2021

How Grayscale Bitcoin Trust at a discount could change everything for BTC

How Grayscale Bitcoin Trust at a discount could change everything for BTC


smart summary beta

How Grayscale Bitcoin Trust at discount could change BTC.

After spending the entire month of March at a loss, the downtrend in Grayscale Bitcoin Trust premium has extended.

Comparing the data, GBTC at a discount, and the growth in the BTC ETF, there is a trend in investors favoring the latter.

Grayscale investors have started to express discontent.

The discount in the GBTC suggests that investors are favoring products with better trading mechanisms.

New Bitcoin-based financial products could create a new “rising tide” from institutions and individuals investors trying not to “miss out on the potential for Bitcoin”.

Goto Full Article

bitcoin bitcoin price

$56110.00

24h

Live Average

bitcoin

News Article Sentiment

negative

Score (-0.1)

Article Metadata

author

site

newsbtc
Market data feeds provided by cryptocompare.com
bitsmart 2021