Post
Topic
Board Bitcoin Discussion
Merits 2 from 1 user
Re: Everything you wanted to know about Grayscale BTC Trust but were afraid to ask!
by
oHnK
on 31/07/2021, 15:27:44 UTC
⭐ Merited by fillippone (2)
After the unlocking of the last batch of GBTC, the continued discount of Bitcoin Trust is undergoing a sharp reversal. This significant reversal may be a signal that investors are confident in the recent recovery of BTC.
https://bitcoinexchangeguide.com/gbtc-discount-sees-a-sharp-reversal-as-the-final-unlock-clears/


I don't think the decline in GBTC will have a significant effect on the market because even if it is sold by investors, what they sell is the grayscale stock itself and even if there is volatility in the crypto market it is only the speculators themselves in creating issues over the unlocking of GBTC.