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) $ 27,080.26 0.56%
Ethereum (ETH) $ 1,893.89 0.80%
Litecoin (LTC) $ 95.83 0.53%
Bitcoin Cash (BCH) $ 114.96 0.13%