Grayscale Bitcoin Trust sees record discount as BTC plummets on the charts

Grayscale Bitcoin Trust (GBTC), the world’s largest institutional Bitcoin fund, was recently at the end of its worst performance since inception in 2013. On 9 November, GBTC closed at $8.76 – A record discount of 41%. The primary reason for the poor performance of this investment product is the performance of the very crypto it