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

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


AMB Crypto
2022-11-10 14:30:05

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