Bitcoin Proxies Update - Model Attached (Patreon)

Re ETHE - huge move down from -55% discount to -38.88% in 3 weeks. 

re GBTC nearly at -25% a new year high

GSOL is being bought up like mad. Someone on Wall St likes Solana but has no idea how to calculate Grayscale premiums - nearly 4x the cost of buying SOL standalone. 

MSTR coming back down to earth after that rocket rise to nearly $480. Was clear mean reversion had to happen. Still a massive premium over buying Bitcoin direct of $8K. 

MODEL https://docs.google.com/spreadsheets/d/19E6vDpMwf31CHI6sfwMRyHKaK5GjMi-q6XpclStw18k/edit?usp=sharing