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Bitcoinist
2019-06-25 10:23:37

Grayscale Bitcoin Trust (GBTC) Trading at 40 Percent Premium; ‘Big Money Coming In’

The Grayscale Bitcoin Trust (GBTC) is trading at a premium, which works out to a Bitcoin price of almost $15,000 – indicating that further gains are imminent. ‘Big Money Coming In’ Via GBTC Data from Grayscale’s recent performance placed it trading at $14.64 as of June 24. At these levels, investors are working with a Bitcoin price of $14,640. The premium, which amounts to around 30 percent, is not new but has increased significantly asRead MoreThe post Grayscale Bitcoin Trust (GBTC) Trading at 40 Percent Premium; ‘Big Money Coming In’ appeared first on Bitcoinist.com.