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Canadian Bitcoin ETF adds 6.9K BTC in one day as GBTC discount hits record low -Breaking

Posted onAuthorMike RobinsonComments Off on Canadian Bitcoin ETF adds 6.9K BTC in one day as GBTC discount hits record low -Breaking


Canadian Bitcoin ETF added 6.9K BTC within a single day, while GBTC discounts hit record low

(BTCIts largest institution investment vehicle has spent more money than an average hodler to bring down its $24,000 level.

AccordingAccording to Coinglass data, the Grayscale Bitcoin Trust is trading at a 31% discount as of May 13.

GBTC premium vs. assets holdings vs. charts Source: Coinglass
BTC/USD chart vs. Bitcoin ETF BTC holdings Source: Coinglass

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Mike Robinson
Mike covers the financial, utilities and biotechnology sectors for Street Register. He has been writing about investment and personal finance topics for almost 12 years. Mike has an MBA in Finance from Wake Forest University.

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