WebApr 6, 2024 · The Grayscale Bitcoin Trust (GBTC), the largest Bitcoin trust in the world, saw a rocky end to the year 2024 after its sister company Genesis Trading filed for bankruptcy. However, it has seen a better start to the year 2024 as it continues to close the gap on its unusually deep discount in December 2024. WebOct 20, 2024 · Grayscale Bitcoin Trust (GBTC 4.20%), Grayscale Ethereum Trust ... The stock closed at $48.81 on Tuesday, but every share is backed by $58.50 in Bitcoin, a …

Grayscale Bitcoin Trust Discount Reaches Record 50% - Yahoo …

WebJan 11, 2024 · Grayscale Bitcoin Trust is currently trading at a 38% discount to its cold-stored Bitcoin. High fees and crypto volatility mean there is no free lunch here, but investing in this... WebNov 22, 2024 · In theory, buying the Grayscale trust (or any closed-end fund) at a discount can be a good thing. If it trades at a 15% discount, you’re getting $1 worth of Bitcoin for $0.85. Of course,... tsjechie forum

Deep Diving Into The Year-Long Grayscale Bitcoin Discount

WebAug 19, 2024 · Digital Currency Group’s flagship Grayscale Bitcoin Trust is trading at about 16.52% below the Bitcoin spot price, marking the largest discount since Bitcoin’s May price decline. The Grayscale Bitcoin Trust currently offers exposure to 0.000938223 BTC per share, an amount that trades for around $42.32 at market close on August 18. WebDec 7, 2024 · Grayscale Faces Lawsuit as GBTC Plunges to Record Low 43% Discount Hedge fund Fir Tree Capital is suing Grayscale over the latter's Bitcoin Trust product, which is trading at a 43% discount as of Tuesday. WebDec 13, 2024 · Secure Your Seat. Grayscale Bitcoin Trust (GBTC) shares hit a record-high discount rate relative to the price of bitcoin ( BTC ), pushing past 50% for the first time after the U.S. Securities and ... phim be my pricness