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Grayscale Discount Might Signal Start of Fresh Bitcoin Rally, Bloomberg's McGlone Says

Far from a signal of distress, a negative level on the "Grayscale premium" might signal a market reset for a fresh bitcoin rally.

Updated Sep 14, 2021, 12:21 p.m. Published Mar 4, 2021, 2:41 p.m.
Bloomberg Intelligence chart of the "Grayscale premium" versus CME bitcoin futures premium.
Bloomberg Intelligence chart of the "Grayscale premium" versus CME bitcoin futures premium.