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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)