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Ledger Nano X - The secure hardware wallet

In Bitcoin (BTC) ETF Battle, Grayscale (GBTC) Is Bringing ‘A Gun to a Knife Fight’

8 January 2024

in Blockchain

Reading Time: 1 mins read

In Bitcoin (BTC) ETF Battle, Grayscale (GBTC) Is Bringing ‘A Gun to a Knife Fight’

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Certain esoteric factors can be added to this. Although it isn’t Grayscale’s fault, Chung said, one unknown factor is how much goodwill Grayscale has lost with investors through the years of big NAV discounts. Then there’s the unfortunate circumstance of Grayscale’s owner, Digital Currency Group, having legal woes. “Although, in reality, GBTC is bankruptcy-remote, not every investor understands that. Some may just feel better going to BlackRock or Invesco,” Chung said. (Another DCG division, Genesis, is restructuring in bankruptcy court.)

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Home
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In Bitcoin (BTC) ETF Battle, Grayscale (GBTC) Is Bringing ‘A Gun to a Knife Fight’

Blockchain Powers Jack Ma’s $8-B Ant Group Energy Asset Strategy

Japan Post Bank To Give Digital Yen Access To $1.3T Deposits

Dogecoin Slumps 2.5% Despite Ascending “to the Moon” Via ULA’s Rocket Today

Intriguing XRP and Stellar (XLM) Correlation Deciphered, Here’s Explanation

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