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Grayscale Bitcoin Premium Flips Negative as BTC Stays Below $50,000

The gap between the GBTC share price and the implied price of the underlying bitcoin has collapsed to a 4% discount from a 35% premium late last year.

Updated Sep 14, 2021, 12:18 p.m. Published Feb 26, 2021, 8:41 p.m.
Grayscale Bitcoin Trust (GBTC) Premium since 2018.
Grayscale Bitcoin Trust (GBTC) Premium since 2018.