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Seeking Alpha 2021-04-09 01:40:48

Grayscale Bitcoin Trust: Premium Evaporation In 2 Charts

Grayscale Bitcoin Trust once enjoyed a premium to Net Asset Value but that is now gone at this point in 2021.The key drivers are explained including a brief overview of additional paths to Bitcoin ownership.The future of Grayscale Bitcoin Trust depends on several factors but most notably the potential authorization of a Bitcoin ETF by the SEC.Grayscale Bitcoin Trust is likely to convert to an ETF but until that happens it shall continue onward business as usual.

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