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CoinGape
2022-06-20 12:07:36

Grayscale Bitcoin Trust (GBTC) Trades At 34% Discount, Should You Buy?

Grayscale Bitcoin Trust (GBTC) Trades At 34% Discount, Should You Buy?

Bitcoin prices have plummeted this year, pulling down the valuations of several equity instruments that track the token. But the Grayscale Bitcoin Trust (GBTC)- an equity instrument that tracks Bitcoin- has fared even worse than the token it is based on. While Bitcoin is down about 55% so far this year, data from Google shows The post Grayscale Bitcoin Trust (GBTC) Trades At 34% Discount, Should You Buy? appeared first on CoinGape.

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