“The Grayscale discount to market has declined significantly since the ruling,” John Glover, chief investment officer at crypto lender Ledn, wrote in an email. “But it may be too early to remove the discount completely, as there is no guarantee that this ruling results in Grayscale being able to offer an exchange-listed ETF product based on spot, as opposed to futures prices.”
Bitcoin’s Realized Cap Hits Document Excessive as Accumulation Continues
Bitcoin is presently buying and selling slightly below the $100,000 psychological threshold, sustaining a sideways trajectory in latest weeks. On...