Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by ThemePen (1)
Grayscale Investment’s Bitcoin Trust (GBTC) has dropped to a new low this week as the bitcoin fund tapped a record 35.18% low against bitcoin spot prices. GBTC’s discount to spot has been underwater for a total of 577 consecutive days.
GBTC discount or premium to NAV 3-year chart on September 26, 2022.
https://news.bitcoin.com/grayscales-gbtc-discount-to-nav-breaks-records-as-spread-widens-by-more-than-35/
GBTC discount or premium to NAV 3-year chart on September 26, 2022.
https://news.bitcoin.com/grayscales-gbtc-discount-to-nav-breaks-records-as-spread-widens-by-more-than-35/
Bitcoin derivatives are risk encapsulated.
Sadly I will be dead before everyone else figures this out. Smart enough to know that, not quite smart enough to profit from it as greatly as I could have. Such is the way of life..
https://www.youtube.com/watch?v=qYocJ1Xhzk4