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'Grayscale Discount' Sinks to Lowest in 18 Months on Bets for GBTC Conversion to Bitcoin ETF

Data shows the discount fell to as low as 5.6% on Monday, reaching a level previously seen in June 2021.

Updated Mar 8, 2024, 7:32 p.m. Published Jan 9, 2024, 11:11 a.m.
Grayscale Bitcoin Trust discount is narrowing. (YCharts)
Grayscale Bitcoin Trust discount is narrowing. (YCharts)