GBTC and ETHE Discount Update (Patreon)
Published:
2023-11-09 19:01:30
Imported:
2023-11
Content
Grayscale's #Bitcoin and #Ethereum trusts, $GBTC + $ETHE, are levels not seen since July 2021. The Ethereum trust, specifically, has seen a significant reduction in its discount rate, dropping from 56% on June 9th, 2023 to 16.7% right now. This trend is seen as a positive indicator for the potential approval of a spot ETF.