Cryptocurrency News

GBTC premium hits -34% all-time low as crypto funds ‘puke out’ tokens

06/17/2022

Less than a minute

2022.06.17 13:06

GBTC premium hits -34% all-time low as crypto funds ‘puke out’ tokens

The largest Bitcoin investment vehicle, the Grayscale Bitcoin Trust (GBTC), is now trading at its biggest ever discount to the spot market.

Data from on-chain analytics resource Coinglass shows GBTC shares down 34% versus Bitcoin (BTC)/USD on major exchanges as of June 17.

06/17/2022

Less than a minute

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