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Grayscale 'GBTC Discount' Widens After SEC Bitcoin ETF Rejection

The discount between the share price of the Grayscale Bitcoin Trust and the equivalent value of its underlying bitcoin has increased to 31% from 28.4%.

Updated May 11, 2023, 6:25 p.m. Published Jul 1, 2022, 6:31 p.m.
Grayscale CEO Michael Sonnenshein (CoinDesk)
Grayscale CEO Michael Sonnenshein (CoinDesk)