Institutional investors are paying high premiums for shares of the Grayscale Bitcoin Trust (GBTC), which allows them to bet on Bitcoin (BTC) without holding the asset itself. GBTC is an investment vehicle which tracks the spot price of Bitcoin, providing investors from mainstream finance with a familiar means to gain exposure. At the time of […]The post Why Are Institutions Paying Top-Dollar For Grayscale’s Bitcoin Trust? appeared first on Crypto Briefing.
