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Invezz 2023-10-16 14:39:30

Here’s why Grayscale’s GBTC discount to NAV is narrowing

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 .

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