Bitcoin Investment: Grayscale’s GBTC Premium to Shrink Twice in 2020

The Grayscale GBTC premium over market prices may be one of the true signals for investment interest in Bitcoin (BTC). GBTC Shares Signal Institutional Interest The fund, which holds 0.1 BTC in each share, has allowed mainstream investors to get exposure to BTC, though without the technicalities of holding their own coins. GBTC has been available to institutional investors, and more recently, as a retail investment through brokerage accounts. A low GBTC premium means decreasingRead More The post appeared first on Bitcoinist.com.