The premium rate of the “Grayscale Bitcoin Trust (GBTC)” fund, owned by investment firm Grayscale, fell to an all-time low of 41%.
On-chain analytics platform coinglass When the data is examined, approximately 12 billion dollars Grayscale’s Bitcoin fund GBTCat premium rate a historic decline it seems to happen. This premium rate, which fell to an all-time low, GBTC It is calculated based on the difference between the spot price of Bitcoin and Bitcoin. experienced 41%The value of Grayscale’s shares after the decline of . $8.76 fell down. As a result of a major regression in the beginning of October, the last time the aforementioned fund was between the spot markets and the spot markets. 36% there was a difference.
Despite its poor performance in recent times, GBTC has been released. 2013 from the year 2021 It was trading at positive levels until last year. However, long-standing bear market conditions have left investors in their hands. GBTC forced him to sell his shares, which led to an inevitable pullback.
On the other hand, it has been approved and marketed by Canada. spot Bitcoin ETFmay have encouraged investors to make strategic changes. By comparison, Grayscale’s spot Bitcoin ETF application was rejected by the SEC at the end of June.
The price of Bitcoin, which is offered with a big discount for investors, brings long-term conditions. Minimum investment of 50 thousand dollars GBTC fund, which stipulates that by 2045 It is known that he has put up a lockdown commitment.