Grayscale's GBTC Witnesses Historic Shrink in Discount to NAV as Metric Taps Single Digits – Bitcoin News
November 26, 2023
On Friday, data revealed a notable shift in Grayscale’s Bitcoin Trust, commonly referred to as GBTC, as its discount to net asset value (NAV) contracted to single digits for the first time in 2023. The figures indicate that GBTC’s discount reached 8.06%, a level last observed two years ago.
GBTC Discount to NAV Reaches Single-Digit Territory
Grayscale’s Bitcoin Trust (GBTC) is the largest…