The GBTC Premium Explained - CryptoCurrency Facts
The discount/premium To NAV is a percentage that calculates how much an exchange traded fund (or closed end fund) is trading above or below its net assets value. This...Performance * Etcg discount or premium to NAV * Fundamental chart * GBTC price * Holdings
GBTC Discount or Premium to NAV - YCharts
Will the GBTC discount ever end? Grayscale Bitcoin Trust (GBTC), recently traded at a record 30% discount to the underlying Bitcoin value. I did s...
GBTC Discount Explained: Arbitrage Possible?
GBTC Discount explained. The price of GBTC is influenced by unique supply and demand factors that do not necessarily reflect BTC. Closed-ended funds trade at a discount.
GBTC Discount Explained : r/Bitcoin - reddit
Since February 2021, when Canada's first Bitcoin ETF was launched by Scopo Bitcoin ETF, the direct cryptocurrency fund has traded at a significant discount relative to its net asset values
Understanding The Bitcoin Investment Trust (GBTC)
Trading as an ETF would allow GBTC's share price to match the holdings per share value. This would eliminate the current 35% discount. Find out what you can expect.
Grayscale (GBTC): Eyeing Discount To NAV
GBTC's discount on spot has been underwater for 577 consecutive days. ... Loukas explained that GBTC might be a good investment for institutional investors who have flocked to the area in the past.
GBTC Discount Explained: Arbitrage Possible? GBTC on …
GBTC does not offer a redemption plan so shares cannot be redeemed if there is a discount. GBTC shares can be traded at both premiums and have been traded at both premiums.
Q&A: What Converting GBTC to an ETF Would Mean - Grayscale®
Grayscale Bitcoin Trust (GBTC), the largest institutional BTC instrument, is currently trading at a discount greater than 20%. As the cryptocurrency market continues its...
GBTC Discount Explained: Arbitrage Possible? (Redemption …
GBTC is more exposed to the stock exchange and the U.S economy than BTC. Investors reorganized their portfolios due to the rise in treasury/bond yields, and the fear of inflation.
Can someone explain why GBTC is trading at a 12 percent …
GBTC boasts a market capitalization of over $30 billion. Despite this bullish backdrop, there is an interesting anomaly: shares of the trust are now trading at a...
Grayscale Bitcoin Trust: Buying Bitcoin At A Discount (GBTC)
The GBTC discount suggests that investors favor products with better trading capabilities. Canada's BTC ETF performance could put more pressure on the...
How Grayscale Bitcoin Trust at a discount could change
It was trading at a 36.7% discount on BTC spot prices, the largest discount in the history Bitcoin fund. These numbers could indicate that...
Grayscale’s GBTC Climbs New Record of 36.7% Discount
Grayscale Bitcoin Trust shares (GBTC) are now less expensive than ever relative to the company's underlying Bitcoin holdings. The GBTC discount is now below...
GBTC Reaches All-Time Low Discount of -35%
Is GBTC a good choice for an investment? Grayscale Bitcoin Trust (GBTC), currently trading at a 22.7% discount on the underlying Bitcoi...
Is GBTC a good investment? (now trading for BIGGEST DISCOUNT …
The Grayscale Bitcoin Trust began trading at a discount the following year, in 2021. GBTC shares were effectively saturated by this point, and so many shares in the...
Deep Diving Into The Year-Long Grayscale Bitcoin Discount
Since February 2021, GBTC has been traded at a discount. Source: Glassnode. Grayscale Bitcoin Trust shares some similarities with a Bitcoin ETF. It gives...
Grayscale Bitcoin Trust Hits 20% Discount as Firm Files for ETF ...
GBTC has been trading at a discount since the end of February 2021. Source: Glassnode. While Grayscale Bitcoin Trust has some similarities with a Bitcoin ETF, giving …
FAQs for Gbtc Discount Explained
Is GBTC trading at a discount price?
GBTC has been trading at a discount and not a premium since February 26, 2021 or for 577 consecutive days. The current pre-market price of GBTC is $11.20. According to Securities and Exchange Commission filings, the trust holds 643,572 BTC.
What is GBTC? How does it work?
GBTC allows investors the ability to trade trust stocks that contain large amounts of bitcoin. Bitcoin ETFs allow investors to invest in funds that directly track price of the underlying asset. Hedge funds and accredited investors can borrow bitcoin to subscribe to GBTC shares.
Is GBTC's discount for spot underwater?
GBTC's discount from spot has been underwater for 577 consecutive days. Grayscale Bitcoin Trust (OTCMKTS GBTC: GBTC), is the oldest and most popular bitcoin ( BTC ) funds currently on the market.
What does the GBTC Premium mean for Bitcoin?
The GBTC premium is a measure of crypto sentiment, if not price direction. These are some reasons to be cautious about GBTC. In September 2017, Bitcoin traded at approximately $4.5k, and GBTC $1k respectively for the rough equivalent 1 BTC. This means that GBTC traded at a premium of over 100%.
