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. GBTC’s discount to NAV bottomed at almost -50% earlier this year and has been in an uptrend since then. The rally accelerated The post Here’s why Grayscale’s GBTC discount to NAV is narrowing appeared first on Invezz .