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

Former Lead Analyst CryptoSlate

Published Mar. 7, 2023 at 10:19 am GMT

Updated Feb. 6, 2024 at 11:37 pm GMT

This article was published 3 years ago. Some details may no longer reflect current market conditions or recent developments. If you spot anything that needs an update, contact us.

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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%.

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

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

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