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cryptonews 2023-06-28 11:44:00

Grayscale Bitcoin Trust Shares Hit Yearly High, Discount Shrinks to 30% as Wall Street Giants Enter Crypto

The share price of Grayscale Bitcoin Trust (GBTC) reached a one-year high on Tuesday, fueled by renewed optimism surrounding the potential conversion of the trust into an exchange-traded fund (ETF). The surge came in response to reports that asset manager Fidelity Investments is preparing to follow BlackRock's lead in filing for a spot Bitcoin ETF.... Read More: Grayscale Bitcoin Trust Shares Hit Yearly High, Discount Shrinks to 30% as Wall Street Giants Enter Crypto

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