Coin Edition -
- Kaiko revealed in an X post that the GBTC discount is at its most narrow in years.
- According to the post, the GBTC discount stands at just 8% ahead of the possible ETF conversion.
- Technical indicators on GBTC’s daily chart suggested that its price may continue to rise in the next few days.
The blockchain intelligence platform Kaiko revealed in an X (formerly Twitter) post yesterday that the Grayscale Bitcoin Trust (GBTC) discount is at its most narrow in years. According to the post, the discount stands at just 8% ahead of GBTC’s potential exchange-traded fund (ETF) conversion.
The GBTC discount is at its most narrow in years, at just 8% ahead of a possible ETF conversion