BTC logo
BTC
$111,370.01
0.57%
ETH logo
ETH
$4,044.71
1.39%
USDT logo
USDT
$1.0004
0.05%
BNB logo
BNB
$1,175.30
0.90%
XRP logo
XRP
$2.4430
2.03%
SOL logo
SOL
$195.77
3.40%
USDC logo
USDC
$0.9999
0.02%
TRX logo
TRX
$0.3229
1.46%
DOGE logo
DOGE
$0.1991
1.58%
ADA logo
ADA
$0.6782
1.86%
HYPE logo
HYPE
$38.74
4.02%
LINK logo
LINK
$18.42
1.46%
USDE logo
USDE
$0.9999
0.06%
XLM logo
XLM
$0.3276
1.84%
BCH logo
BCH
$525.27
1.35%
SUI logo
SUI
$2.7087
3.52%
AVAX logo
AVAX
$22.16
1.88%
WBT logo
WBT
$42.24
0.32%
LEO logo
LEO
$9.6329
0.01%
HBAR logo
HBAR
$0.1821
2.92%
BTC logo
BTC
$111,370.01
0.57%
ETH logo
ETH
$4,044.71
1.39%
USDT logo
USDT
$1.0004
0.05%
BNB logo
BNB
$1,175.30
0.90%
XRP logo
XRP
$2.4430
2.03%
SOL logo
SOL
$195.77
3.40%
USDC logo
USDC
$0.9999
0.02%
TRX logo
TRX
$0.3229
1.46%
DOGE logo
DOGE
$0.1991
1.58%
ADA logo
ADA
$0.6782
1.86%
HYPE logo
HYPE
$38.74
4.02%
LINK logo
LINK
$18.42
1.46%
USDE logo
USDE
$0.9999
0.06%
XLM logo
XLM
$0.3276
1.84%
BCH logo
BCH
$525.27
1.35%
SUI logo
SUI
$2.7087
3.52%
AVAX logo
AVAX
$22.16
1.88%
WBT logo
WBT
$42.24
0.32%
LEO logo
LEO
$9.6329
0.01%
HBAR logo
HBAR
$0.1821
2.92%
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First Mover: The Logic Behind Three Arrows’ $200M Grayscale Bet

Three Arrows has taken a large bet on GBTC but the halcyon days of the Grayscale premium flip may be numbered.

By Paddy Baker, Omkar Godbole
Updated Sep 8, 2023, 3:57 a.m. Published Jun 23, 2020, 12:10 p.m.
(Shutterstock)
(Shutterstock)