Grayscale GBTC Negative Premium Narrows to 10.11%
According to Coinglass data,Today's headlines of blockchain digital currency the grayscale GBTC premium rate has narrowed to 10.11%, reaching its lowest level since August 12, 2021.
GBTC stands for Grayscale Bitcoin Trust, which is an investment vehicle offered by Grayscale. The trust allows investors to indirectly invest in Bitcoin by purchasing its shares. The shares of GBTC represent ownership of the held Bitcoin. Grayscale holds the Bitcoin and enables investors to indirectly hold the value of Bitcoin by issuing GBTC shares.
This structure allows investors who do not wish to directly buy and hold Bitcoin to participate in Bitcoin investment. However, the price of GBTC may differ from the price of Bitcoin itself as GBTC currently does not support redemption.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
相关推荐
- Bitcoin Price Hits New All
- Grayscale Launches Crypto Staking Fund, Initially Including 9 Assets
- JPMorgan: Tether's Increasing Dominance is Negative News for Cryptocurrencies
- Reviewing the Top 15 Projects from the ETHDenver Hackathon
- Restructuring at Eigen Labs Triggers Workforce Reductions
- JPMorgan: Tether's Increasing Dominance is Negative News for Cryptocurrencies
- The Top 10 Cryptocurrency Investment Narratives of 2024
- This Week Noteworthy Events(March 11, 2024