Cryptocurrency News

Canadian Bitcoin ETF adds 6.9K BTC in one day as GBTC discount hits record low

05/13/2022

Less than a minute

2022.05.13 17:21

Canadian Bitcoin ETF adds 6.9K BTC in one day as GBTC discount hits record low

Bitcoin (BTC) descending to $24,000 has cost its largest institutional investment vehicle more than the average hodler.

According to data from on-chain monitoring resource Coinglass on May 13, the Grayscale Bitcoin Trust (GBTC) is now trading at a nearly 31% discount.

05/13/2022

Less than a minute

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