Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: Ozark on April 13, 2019, 05:31:13 PM
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The Grayscale Bitcoin Trust is marking notable gains since the beginning of 2019, despite the rising premium in the product compared to Bitcoin’s net asset value (NAV). According to some, this is a sign of institutional net buying and that new money is coming into the market. Read more here. (https://bitcoinist.com/gbtc-premium-rises-47-above-bitcoin-price-signalling-institutional-demand/)
What is your opinion with regards to the performance of GBTC as well as its high premium?