42 days ago • Posted by Charles-Henry Monchau

The Bitcoin Investment Trust (GBTC) premium has collapsed to to 2.7%, lowest in years. It was 40% a month ago.

This means that if you had bought the fund then, you are now up only 5% despite the fact that bitcoin is up 36%.Some investors are desperately waiting for the SEC approve an ETF as soon as possible. Source: Bloomberg, Eric Buchanas

#Cryptocurrencies
Premium / discount to NAV
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