Cheaper Bitcoin: GBTC Discount Extends to 27% – CryptoPotato

Shares of the Grayscale Bitcoin Trust are currently trading at a considerable 27% discount relative to BTC’s spot price.
Shares of the Grayscale Bitcoin Trust are trading significantly below BTC spot prices as the asset circles around $30K. Since the beginning of the year, GBTC is down some 45%.
 
Georgi Georgiev is CryptoPotato’s editor-in-chief and a seasoned writer with over two years of experience writing about blockchain and cryptocurrencies. Georgi’s passion for Bitcoin and cryptocurrencies bloomed in late 2016 and he hasn’t looked back since. Crypto’s technological and economic implications are what interest him most, and he has one eye turned to the market whenever he’s not sleeping. Contact George: LinkedIn

FacebookTwitter YouTubeTelegram
Sign-up FREE to receive our extended weekly market update and coin analysis report

source