Tags : Grayscale

Bitcoin

Grayscale Bitcoin Belief to Convert to an ETF, Premium Stays

Earlier this Monday, Grayscale Investments introduced its plans to remodel Grayscale Bitcoin Belief (GBTC) into an exchange-traded fund. Up till just lately, GBTC was one of many solely funding funds for establishments and retail traders alike. Amidst rising competitors, nonetheless, the fund’s excessive administration charges and stringent lock-up durations misplaced favor with many traders. Since […]Read More

Bitcoin

GrayScale Bitcoin Belief (GBTC) Premium Sinks To All-Time Lows

Since buying and selling at a damaging for almost 2 months, GrayScale Bitcoin Belief (GBTC) premium plummeted to -14.21% this morning. Traditionally, GBTC has traded at a excessive premium relative to the underlying Bitcoin, commanding a mean of 15.02% premium for the reason that fund’s inception. However as competitors grows and companies create cheaper, extra […]Read More

Litecoin

Grayscale provides 174k LTC to its Litecoin Belief

New York-based cryptocurrency asset managers Grayscale purchased over 174,000 Litecoin over the previous month. That is the equal of 80% of all mined LTC in February. Up to now month @Grayscale Belief has bought over 174,000 Litecoin. That is approx 80% of all Litecoin mined final month… pic.twitter.com/5RmDARZ3dy — litecoin (@litecoin) March 1, 2021 As […]Read More