Grayscale’s BTC fund shows record trading and narrowing discount amid ETF approval buzz

CAT January 9, 2024 1 min read

Oluwapelumi Adejumo

Grayscale’s Bitcoin Trust experienced a surge in trading activity on Jan. 8, coinciding with a significant reduction in the fund’s discount to 6.82%, marking its lowest point since April 2021. This increased activity was driven by market expectations surrounding the potential approval of a spot exchange-traded fund (ETF). Bloomberg’s senior ETF analyst Eric Balchunas disclosed […]

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Grayscale’s BTC fund shows record trading and narrowing discount amid ETF approval buzz

Tags: #bitcoin #blockchain #cryptocurrency #eth btc Ethereum

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