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Bitcoinist 2020-01-21 13:00:40

Grayscale GBTC Gap Closes, What This Means for Bitcoin

Grayscale’s GBTC fund attracted attention with the relatively large large gap between its share price and Bitcoin (BTC) spot prices. The closing of the gap may become a signal for future BTC developments, as currently the share price converges with BTC positions. GBTC Gap Remains Dynamic, May Move Within Hours At the moment, there is still a small gap, which suggests GBTC buyers are not willing to pay more for the shares. Timothy Peterson, BitcoinRead More The post appeared first on Bitcoinist.com.

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