CoinsValue.net logo CoinsValue.net 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 : Coinsvalue.net