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Grayscale Bitcoin Trust's 'GBTC Discount' Narrows With ETF Decision on Horizon

Shares of the GBTC are trading at a discount of 29% to bitcoin’s price, down from 34% last week – and there's all sorts of speculation on what it means.

By Lyllah Ledesma

Updated May 11, 2023, 3:57 p.m. Published Jun 24, 2022, 6:45 p.m.

The "Grayscale discount" has narrowed after widening out to 34% last week. (Skew)