Gbtc share price.
Jun 20, 2023 · The discount on GBTC’s share price relative to net asset value narrowed to as low as 33% during the morning, according to CoinDesk’s calculation.
Discover historical prices for GBTC stock on Yahoo Finance. View daily, weekly or monthly format back to when Grayscale Bitcoin Trust (BTC) stock was issued.Whenever there’s a surge in Bitcoin’s USD price, performance-chasers flood into GBTC and in turn, further unhinge its market price and NAV per share.Once nearly 50% lower, the GBTC share price had a mere 8% discount to net asset value, or NAV, as of Nov. 24, per CoinGlass data. GBTC premium vs. asset holdings vs. BTC/USD chart (screenshot).Grayscale Bitcoin Trust (BTC) (GBTC) 31.73 +1.48 (+4.91%) USD ... The investment objective of the Trust is for the NAV per Share to track the Bitcoin Market Price per Share, less the Trust’s liabilities (including estimated accrued expenses). General: Security Type: Exchange-Traded Fund: Equity Style--Fixed Income Style--
Get the latest Grayscale Bitcoin Trust (BTC) (GBTC) stock news and headlines to help you in your trading and investing decisions.
GLOBAL DOW NASDAQ Compare to Open 30.75 Prior Close 30.25 (11/30/23) 1 Day GBTC 4.18% DJIA 0.66% S&P 500 0.47% Nasdaq 0.42% Overview Investment Information powered by lipper Total Returns Data...Grayscale's flagship fund is the Grayscale Bitcoin Trust, known by its GBTC ticker. Even as bitcoin trades at a multiyear low of around $16,000, GBTC is trading at a 45% discount to the price of ...
Each share of GTBC holds $26.46 worth of bitcoin as of Friday, according to Grayscale. But GBTC itself trades at $18.35 at writing time. GBTC is currently one of the only ways for stock traders in the U.S. to gain exposure to the price movements of bitcoin without the need to purchase the actual cryptocurrency.10 июл. 2023 г. ... The Grayscale Bitcoin Trust (GBTC) stock price has moved sideways in the past few days as Bitcoin remained stuck at $30000.Shares (based on ETH per Share as indicated below) are designed to track the ETH market price, less fees and expenses. Ethereum is a digital asset that is created and transmitted through the operations of the peer-to-peer Ethereum Network, a decentralized network of computers that operates on cryptographic protocols.The key reason to like ETHE is that it trades at a $7.55 price per unit vs $16.44 in Ethereum holdings per unit. ETHE discount to NAV (Grayscale) That's a massive 55% discount to net asset value.According to ARK’s trading data, the firm off-loaded more than $103 million in Coinbase shares in July. ARK has also been actively selling off Grayscale Bitcoin Trust (GBTC) stock. On Nov. 24 ...
According to CoinGlass statistics, the GBTC share price had a paltry 8% discount to net asset value, or NAV, as of Nov. 24. Bitcoin miners are devoting unprecedented processing capacity to the network ahead of the planned block subsidy halving in April 2024.
24 мая 2022 г. ... GBTC shares track the price of Bitcoin, enabling investors to invest in Bitcoin through the OTC market. The shares of GBTC are intended to ...
The discount on the GBTC’s share price relative to its net asset value – a widely followed metric in the digital asset space – dropped to 30%, according to a CoinDesk calculation.The $18.3 billion Grayscale Bitcoin Trust (GBTC), the world's largest bitcoin ( BTC) fund, has seen its market discount widen to an all-time low of 30.79% this week as crypto markets suffered one ...Aug 19, 2023 · In the past week, the GBTC share price experienced a decline from $20.12 to $17.64, representing a decrease of over 12.3%. This drop occurred amidst a challenging market environment and regulatory uncertainties within the Bitcoin space. Strategic Team Expansions. Cryptocurrency Community Awaits Verdict Amidst Delays in Grayscale vs. U.S. SEC Case The bank estimates a net $2.5 billion has flowed into GBTC since the start of the year, increasing to $2.7 billion if adding the covering of short interest. “Assuming this buying flow was mostly ...Not to sound like an idiot. I own 650 shares of GBTC, bought at 9.11.. ... causing you a nice boost in share price. Reply Like (11) m. meadowlandscris. 10 Mar. 2021. Comments (699)Dec 1, 2023 · Importantly, in an ETF format, shares of GBTC are expected to more closely track the price of Bitcoin, which means that any premium or discount on GBTC’s share price is expected to disappear. As of November 29, 2023, GBTC’s AUM was $23.4B and it was trading at a discount of 8.09%, or $1.89B. This means that upon GBTC uplisting to NYSE Arca ...
In the past week, the GBTC share price experienced a decline from $20.12 to $17.64, representing a decrease of over 12.3%. This drop occurred amidst a challenging market environment and regulatory uncertainties within the Bitcoin space. Strategic Team Expansions. Cryptocurrency Community Awaits Verdict Amidst Delays in Grayscale vs. U.S. SEC CaseThe "Grayscale discount," or the gap between the share price of the GBTC trust and the per-share value of the underlying bitcoin, has narrowed to its lowest point since mid-November. (YCharts)The shares have gained a substantial 24% since the day of BlackRock's filing last Thursday. The surge in GBTC's share price has also led to a narrowing discount relative to its net asset value.DCG could potentially become a forced seller of assets and that could also harm the GBTC share price even with a flat BTC. Finally, there is also underlying asset risk.14 февр. 2023 г. ... The value of GBTC shares is linked to the price of bitcoin: For every new share created, a fraction of a bitcoin is added to a pot, anchoring ...The trust, which trades under the ticker GBTC, is quoted at $13.24 a share, an approximately 34% discount to the value of the bitcoins it owns, the narrowest gap since Sept. 22, according to ...Bitcoin price surges above $42,000 to 20-month high ... Share News Tips Securely Individual Subscriptions Professional Subscriptions Republishing Executive Job …
Dec 2, 2023 · Get Grayscale Bitcoin Trust (BTC) (GBTC.PK) real-time stock quotes, news, price and financial information from Reuters to inform your trading and investments GBTC shares on secondary markets surpassed $16 at one point, marking the first time since May 10. The shares have gained a substantial 24% since the day of BlackRock's filing last Thursday. The surge in GBTC's share price has also led to a narrowing discount relative to its net asset value. The discount hit a multi-month low of 33% during the ...
Mar 9, 2023 · The trust, which trades under the ticker GBTC, is quoted at $13.24 a share, an approximately 34% discount to the value of the bitcoins it owns, the narrowest gap since Sept. 22, according to ... The GBTC share price has rallied more than 228% this year closing its discount gap with the spot Bitcoin price. this happened as Grayscale won the case against the SEC in converting the GBTC product to a spot Bitcoin ETF.@grendelbane I totally get that but the article is using today's share price and yesterday's NAV to come up with a 12% discount. GBTC $23.41 $20.62 12% Reply Like (2)23 окт. 2023 г. ... VettaFi. 3.18K. Subscribe. 3.18K subscribers. 16. Share. Save. Report. Comments2. nasty nate. why does gbtc have double the return of btc this ...Nov 17, 2023 · In 2023 it has distributed about $1.36 a share, about a 7.5% annual yield at current market price. Some months it has been a significant yield $0.43 in April, $0.47 in June. Reply Like (3) GBTC is up over 150%, while Bitcoin is “only” up 59%. This can be attributed to the narrowing of the discount. As I mentioned before, the discount is now at 16%, but there might be even more ...
Nov 11, 2023 · If at the same time GBTC converted from a closed end fund to an ETF, then the 14% discount applied to the funds shares would also be arbitraged away and would see the GBTC share price trade in line with the bitcoin spot price. Share
GLA. @garret.foute per ycharts the premium was ~7% the nav yesterday was 93% of the price. You can manually calculate per greyscale: One share of gbtc is 0.00094872 BTC Btc price is $32,338 x ...
View the latest Grayscale Bitcoin Trust (GBTC) stock price and news, and other vital information for better exchange traded fund investing. Jun 29, 2021 · Share with Email. Send. ... Secondly, because the GBTC doesn’t track the price of Bitcoin directly, it can take a while for price fluctuations in BTC to be reflected in the price of the GBTC. New plants need 3x their annual use when they start operations. Right now, there isn't enough uranium to get the nuclear plants under construction operational. As fuel is a small percentage of the cost of operating a nuclear plant, those plants are going to be bidding higher prices to cover the massive construction costs.Now, compare that to MicroStrategy's performance in the 14 months prior to the pandemic-caused stock market crash. MSTR rose just 20.6%, significantly lagging the S&P 500's gain of 26.4%. So ...Latest Grayscale Bitcoin Trust (BTC) (GBTC:QXR:USD) share price with interactive charts, historical prices, comparative analysis, forecasts, business profile and more. ... Pricing for ETFs is the latest price and not "real time". Share price information may be rounded up/down and therefore not entirely accurate.Nov. 7, Genesis and Gemini extended terms of the debt agreement. On Nov. 16, 2022, the day that Genesis froze withdrawals, Gemini told Genesis that it had sold 30.9 million GBTC shares through a private sale at the market price as of 4:00 p.m. EST, which was $9.20 per share. The $284.3 million of proceeds, less costs and expenses of …View the latest Grayscale Bitcoin Trust (GBTC) stock price, news, historical charts, analyst ratings and financial information from WSJ.Jun 20, 2023 · It is currently trading at around $15.9, gaining some 24% since Thursday, the day of BlackRock's filing. The discount on GBTC’s share price relative to net asset value narrowed to as low as 33% ... Sometimes, we’re faced with situations where the only way to get out is by taking a long shot. If all the easy options are bad, then the only thing we can do is try our luck and hope for the best.
Find the latest Bitcoin Investment Trust (GBTC) stock quote, history, news and other vital information to help you with your stock trading and investing.The $24 billion Grayscale Bitcoin Trust (ticker GBTC) is currently trading at a roughly 8% discount to its underlying Bitcoin holdings, the narrowest dislocation in over …News that the U.S. Securities and Exchange Commission must consider GBTC’s conversion to a Bitcoin spot price exchange-traded fund on the same terms as other applicants sent the “discount ...Instagram:https://instagram. mutual money market fundfbcdsewer line repair insurancevodka russia In today’s digital age, having a website is essential for any business or individual looking to establish an online presence. Before diving into the process of finding and sharing your website’s URL, it is crucial to understand what a URL i... nyse gxowhat's the best day trading platform View Latest Real Time Trades. Investors may trade in the Pre-Market (4:00-9:30 a.m. ET) and the After Hours Market (4:00-8:00 p.m. ET). Participation from Market Makers and … what is sofi technologies At the Jan. 29 closing price, Bitcoin was $11,233.95. That would make the NAV for a share of GBTC (11,233.95 x 0.00100733) $11.31. However, shares of GBTC closed at $19.14, a 69% premium to the NAV. So investors would have to pay 69% more per share than the underlying asset is worth.Somewhat corroborating this thesis was the share price response to a panel of judges grilling the SEC's attorneys at a March hearing. GBTC shares closed up more than 14% on a day when BTC was ...