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Grayscale's GBTC Discount to NAV At Narrowest Since July 2021 on ETF Optimism

This is the first time since July 2021 that the fund has traded at a discount in single digits.

Grayscale Investments CEO Michael Sonnenshein
CEO Michael Sonnenshein's Grayscale Investments is potentially moving one step closer to converting its GBTC to an exchange traded fund. (Shutterstock/CoinDesk)