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Bitcoin Discussion
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2 from 2 users
Re: Everything you wanted to know about Grayscale BTC Trust but were afraid to ask!
by
jinneas
on
26/07/2021, 01:53:07 UTC
⭐ Merited by
JayJuanGee
(1) ,
Ratimov
(1)
https://bitcoinexchangeguide.com/grayscale-bitcoin-trust-gbtc-unlocks-coming-to-an-end-they-arent-bearish-but-bullish-for-btc-price/
Institutions need to sell the trust while buying the actual cryptocurrency, which will further reduce the premium, and at the same time exert upward pressure on the cryptocurrency itself, and the price will rise.