The Implications of the Grayscale Discount

More buyers than sellers

Source: Bloomberg. ByteTree Asset Management as described.

The fund framework

Source: Bloomberg; Bytetree Asset Management.

ETFs versus closed-ended funds

The power of a premium

The Grayscale Premium erodes

Source: Bloomberg; Bytetree Asset Management. GBTC premium to NAV and BTC held since 2015.

The importance of GBTC

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
ByteTree.com

ByteTree.com

Applied data for digital asset investors. ByteTree provides real-time data, fundamentals, technical and deep blockchain market analysis for Bitcoin, and more.