CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
coinpedia 2023-11-09 07:50:29

Grayscale’s GBTC Discount Nears 2-Year Low; Will SEC Eliminate First Mover Advantage and Approve All ETFs?

The post Grayscale’s GBTC Discount Nears 2-Year Low; Will SEC Eliminate First Mover Advantage and Approve All ETFs? appeared first on Coinpedia Fintech News According to data from YCharts, the Grayscale Bitcoin Trust (GBTC) discount is currently at 12.26%, its lowest since November 2021. This development may indicate investor confidence in approving the first-ever spot Bitcoin ETF in the United States. The GBTC discount represents the percentage of GBTC trading above or below its net asset value (NAV), which …

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.