GBTC Discount
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JPMorgan: GBTC June-End Expiry Can Put Further Downward Pressure on Bitcoin (BTC) Price

The Grayscale Bitcoin Trust (GBTC) is heading for the expiry of the six-month lock-up period for its shares by June end. JPMorgan analysts think that this can possibly create further downward pressure on the price of Bitcoin (BTC). In a note on Wednesday, June 23, JPMorgan strategist Nikolaos Panigirtzoglou writes that the unlocking could possibly

The Grayscale Bitcoin Trust (GBTC) is heading for the expiry of the six-month lock-up period for its shares by June end. JPMorgan analysts think that this can possibly create further downward pressure on the price of Bitcoin (BTC). In a note on Wednesday, June 23, JPMorgan strategist Nikolaos Panigirtzoglou writes that the unlocking could possibly

Grayscale
Bitcoin News
Grayscale
Bitcoin News

The GBTC Discount Narrows Down By 66% In A Week Following Ark Investments’ Purchase

On Tuesday, the Bitcoin (BTC) price tanked under $30,000 levels wiping out all its 2021 gains. This gave many investors the opportunity to buy the dips and increase their holdings. As Glassnode reported, the GBTC Discount has narrowed down by 66% over the last week. Last Friday, June 18, the GBTC product was trading at

On Tuesday, the Bitcoin (BTC) price tanked under $30,000 levels wiping out all its 2021 gains. This gave many investors the opportunity to buy the dips and increase their holdings. As Glassnode reported, the GBTC Discount has narrowed down by 66% over the last week. Last Friday, June 18, the GBTC product was trading at