Grayscale Bitcoin Trust (GBTC), a cryptocurrency fund that currently holds 3.12% of the total Bitcoin (BTC) supply, or over 640,000 BTC, is trading at a record discount compared to the value of its underlying assets.
Institutional interest in Grayscale dries up
On Sep. 23, the $12.55 billion closed-end trust was trading at a 35.18% discount, according to the latest data.
To investors, GBTC has long served as a great alternative to gain…
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