Sunday, December 10, 2023

GBTC Shares Surge to a One-Yr Excessive, Low cost Drops to 30%



Buyers are betting on GBTC due to the “BlackRock submitting and optimism that [the firm] might have cracked the code on an ETF, giving hope that Grayscale might additionally convert and take away the low cost,” Doug Schwenk, CEO of crypto knowledge supplier Digital Asset Analysis, mentioned in a notice to CoinDesk.

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