Grayscale’s Bitcoin premium has dropped to record lows below zero By Cointelegraph
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Grayscale’s Bitcoin premium has dropped to record lows below zero

Grayscale Trust ($GBTC) is currently the largest listed cryptocurrency asset with $30.17 billion in assets under management. The firm currently holds more than 655,730 BTC and the security is tradable in the United States through over-the-counter markets.

The fund was launched in 2013 and the Grayscale Bitcoin Trust became the preferred institutional vehicle in the U.S. for BTC due to the lack of a Bitcoin exchange-traded fund (ETF).

Grayscale GBTC Bitcoin Trust premium (blue) vs. Marker price (green). Source: Bybt.com
Grayscale GBTC Bitcoin Trust premium to BTC. Source: YCharts.com

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