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Grayscale’s GBTC paradox: Performance at a discount Grayscale’s GBTC paradox: Performance at a discount

Grayscale’s GBTC paradox: Performance at a discount

Persistent discount on Grayscale Bitcoin Trust could suggest growing market desire for a U.S. spot Bitcoin ETF.

Grayscale’s GBTC paradox: Performance at a discount

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

The Grayscale Bitcoin Trust (GBTC) offers investors a bridge between traditional finance and the world of cryptocurrencies. With GBTC, investors can gain exposure to Bitcoin's price movements without the challenges of direct ownership. But here's the intriguing twist: recent data shows a striking divergence between GBTC's daily performance and that of Bitcoin itself. Is the traditional market's appetite for Bitcoin exposure, as seen through GBTC, actually stronger than the direct cryptocurrency market? The answer - and its potential implications - may surprise you...