The discount fell to as low as 5.6% on Monday, reaching a level previously seen in June 2021.
The discount could be taken as a bearish indicator...while a premium could signal demand for bitcoin.
Grayscale has dropped its 2% management fee to 1.5% as part of its proposed uplift to a spot bitcoin ETF, according to an updated S3 filing on Monday.
#grayscale-bitcoin-trust #gbtc #bitcoin-etf #discount #us-securities-and-exchange-commission #management-fee
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