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Grayscale Discounts (Patreon)

Published:
2024-01-08 23:37:45
Imported:
2024-01
Tags:

Content

Market clearly does not like the sound of continued high fees at Grayscale 

We saw some GBTC and ETHE sellind pressure today

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Comments

Anonymous

I saw something about DCG paying Genesis in $ETHE for loan repayment. DIscount ultimately is ~free money (~17% gain) assuming May spot ETH ETF approval. Lots of penny-wise pound foolish sentiment out there...

Anonymous

I think they’re betting on people not selling for tax purposes. In one of my accounts that has a large holding I will be gradually exiting crypto proxies throughout this market cycle…my other tax protected accounts I will make an almost immediate switch opportunistically