Bitcoin was recently up about 6%, while the Grayscale Bitcoin Trust was roughly 18% higher. The trust, which allows investors to trade shares in a trust that holds bitcoin, has traded at a discount to the assets it holds. If it is able to convert to an ETF, analysts expect it to track bitcoin closely.
Source link
(This article is generated through the syndicated feed sources, Financetin doesn’t own any part of this article)
