📉 Grayscale Bitcoin Trust (GBTC) Discount Hits Two-Year Low! 🚀
The GBTC discount has tightened to just 7.90%, nearing parity with BTC — a significant shift signaling growing market confidence.
🔑 This comes amid Grayscale’s active efforts to convert GBTC into a Spot Bitcoin ETF, with ongoing negotiations with the SEC. Read More
📈 Why it matters:
Reduced discount shows increased trust in GBTC’s future prospects
Potential approval of a Spot Bitcoin ETF could reshape institutional BTC investment
A positive sign for BTC price sentiment and ETF adoption
#GBTC #BitcoinETF #Grayscale #BTC #CryptoNews #BinanceSquare #CryptoInvesting
