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GBTC bucks trend, surged 4.5% while BTC remains steady ahead of SEC hearing

Pre-positioning or slight bullish sentiment ahead of the opening argument against the SEC

James Van Straten
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James Van Straten
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Quick Take

  • It looks like pre-positioning for the opening oral arguments of Grayscale's litigation against the SEC for ETF approval which goes live today, March 7, at 9:30 am ET.
  • CryptoSlate will be reporting the argument live on our website.
  • GBTC was up 4.62% on March 6, while BTCUSD was flat to negative -0.40%.
  • GBTC is up 44% YTD, while BTC is up 34%.
GBTC: (Source: Trading View)
GBTC: (Source: Trading View)
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James Van Straten
James Van Straten
Former Lead Analyst CryptoSlate

James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century's paramount invention.

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Bitcoin BTC (24h)
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