The current value of the holdings, that is the underlying value, is also called Native Asset Value (NAV). The current market price of the holdings is what the trust costs on the stock market. When the market price is higher than the NAV, the difference is called a “premium.” Thus,NA...
its products usually trade at a premium to the net asset value (NAV), or the current value of the holdings. The GBTC premium refers to the difference between the value of the assets held by the trust against the market price of those holdings...
NAV Per Share 1D Change (%) % Market Price $ Premium/Discount to NAV % 30D Median Bid/Ask Spread (%) -- XBX Index Price $ Daily Volume (Shares)* Market Price 1D Change ($) $ Market Price 1D Change (%) % GAAP AUM GAAP NAV Per Share ...
GBTC is passively managed, offering exposure to the daily USD spot price of bitcoin (BTC). An investment in the fund is not a direct investment in bitcoin. CEO Edward Charles McGee, CPA Employees — Headquarters Stamford, Connecticut Founded ...
CoinDesk Bitcoin Price Index Classe de activos Cryptocurrencies Factores N/A Estratégia de investimento Grayscale Bitcoin Trust is one of the first securities solely and passively invested in Bitcoin (“BTC”) that enables investors to gain exposure to BTC in the form of a security while avoiding...
“That’s because the trust, known by itsGBTCticker, has traded at an average 25% discount to the price of its underlying asset since early 2021, a discount that should disappear upon conversion, the company said,” according toCNBC. ...
NAV from Bitcoin’s price, prompted by the fact that the trust, as per the prevailing law, is not allowed to redeem its units. This means that when the trust’s NAV trades at a discount to Bitcoin’s spot price due to an onslaught of selling pressure, the t...