WebApr 8, 2024 · getty. After a month of headlines about its flagship product, the Grayscale Bitcoin Trust (GBTC), trading with a negative premium, the world’s largest crypto exchange-traded product (ETP ... WebThe discount for GBTC might drop to -10% or lower when the ETF launches. This is temporary, but if you sell then you lose the discount. On top of that the ETF will likely see a lot on demand on the first day, which means it will trade at a premium, say 5%.
Grayscale
WebFeb 22, 2024 · As part of Grayscale’s application to convert GBTC to an ETF, there is a standard 240-day review period during which the public is invited to submit comments to the SEC for consideration. WebApr 11, 2024 · Grayscale Bitcoin Trust (GBTC), the world’s largest pure bitcoin investment vehicle, has narrowed its discount to 35% against US$18.3bn of bitcoin under management. Although this remains a steep discount for the beleaguered trust, it’s a marked improvement from the nearly 50% discount inflicted upon shareholders at the start of the year. teams babe ruth was on
Grayscale’s (GBTC) Fight for a Bitcoin ETF Could End in Lawsuit …
WebJul 20, 2024 · This change provided an early liquidity opportunity for investors, reducing the mandatory holding period of shares purchased through private placement from 12 to 6 month s. ... Grayscale hopes to eventually convert the GBTC into an exchange-traded fund (or ETF), meaning investors would trade shares of the trust via an exchange, rather than … WebI think the sec position re gbtc for not allowing it to be an etf is nigh indefensible. given that numerous respectable financial entities are quoting real time price for bitcoin unlike numerous stocks that trade by appointment only yet etfs are allowed to purchase them and hold them in their portfolios. it was actually the sec that did not permit ftx to take their … WebApr 6, 2024 · GBTC jumps this week while Grayscale CEO ‘encouraged’ after oral arguments in court battle with SEC over spot bitcoin ETF. Mar. 15, 2024 at 10:24 a.m. … spa and cafe