NAV Per Share 1D Change ($) $ 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 (%) ...
“If you buy and sell and the premium is the same, the impact is minimal. Recently, there are more easy and comfortable ways to access Bitcoin, so the premium in Grayscale has fallen. It is now at a discount relative to Bitcoin NAV.” Despite GBTC trading as a discount in relation to...
With that covered, in 2021 some Grayscale products started trading at adiscount! That means they are trading under their NAV. This is also something to keep in mind when trading these products. Here are two rules to consider with the above in mind: The premium makes GBTC or another trust ...
When Early Adopters Learn From the Followers: The Cryptocurrency Return Predictability of GBTC Discount and Premiumdoi:10.2139/ssrn.3948407CryptocurrencyBitcoin ETFsCoinbaseGBTCSentimentWe show that change in Grayscale Bitcoin Trust premium is the single most significant predictor of Bitcoin daily return. ...