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Canadian Bitcoin ETF adds 6.9K BTC in one day as GBTC discount hits record low By Cointelegraph

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Canadian Bitcoin ETF adds 6.9K BTC in one day as GBTC discount hits record low By Cointelegraph



Canadian Bitcoin ETF adds 6.9K BTC in one day as GBTC discount hits record low

(BTC) descending to $24,000 has cost its largest institutional investment vehicle more than the average hodler.

According to data from on-chain monitoring resource Coinglass on May 13, the Grayscale Bitcoin Trust (GBTC) is now trading at a nearly 31% discount.

GBTC premium vs. asset holdings vs. chart. Source: Coinglass
Purpose Bitcoin ETF BTC holdings vs. BTC/USD chart. Source: Coinglass