Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: Tnoy30 on October 26, 2021, 01:23:25 PM
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Grayscale’s flagship Bitcoin fund had no competition from the newly launched ETF products in their first seven days, figures show. Bitcoin (BTC) investment vehicle the Grayscale Bitcoin Trust (GBTC) outperformed the newly launched exchange-traded funds (ETF) last week, data shows.
Figures shared by Grayscale executives among others confirm that GBTC has quietly delivered better investor returns since Oct. 19.
Grayscale “discount” hits one-month lows
While talk continues to revolve around Bitcoin futures ETFs and their market impact, industry stalwart Grayscale is biting back.
Source: GBTC delivered better returns than Bitcoin ETFs last week
(https://cointelegraph.com/news/gbtc-delivered-better-returns-than-bitcoin-etfs-last-week)