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Grayscale Bitcoin Trust (GBTC) Discount Narrows to Lowest Since May 2022

July 10, 2023
in Crypto Updates
Reading Time: 1 min read
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Whereas optimism for SEC approval of a spot bitcoin ETF is operating excessive for the time being, continued investor warning could possibly be warranted. “I had a extremely good chortle once we noticed the BlackRock [spot bitcoin ETF] submitting come out,” stated Opimas CEO and founder Octavio Marenzi, showing on CoinDesk TV Monday morning. He took observe that the BlackRock fund seeks to make use of Coinbase (COIN) as its crypto custodian whilst that alternate is dealing with a lawsuit from the SEC.

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Tags: BitcoinDiscountGBTCGrayscaleLowestNarrowsTrust
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