Also, once GBTC starts trading at a discount, it will no longer be buying any more #Bitcoin in the market. That’s because investors will just buy the discounted shares rather than depositing money into the trust. GBTC has been a big buyer during this recent rally.

by Peterschiff
Also, once GBTC starts trading at a discount, it will no longer be buying any more #Bitcoin in the market. That’s because investors will just buy the discounted shares rather than depositing money into the trust. GBTC has been a big buyer during this recent rally.

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Bitcoin (BTC) $ 38,766.39 0.50%
Ethereum (ETH) $ 2,100.06 0.35%
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Bitcoin Cash (BCH) $ 226.67 0.75%