Sat Feb 27 18:35:57 2021
(*7d115397*):: GBTC or any grayscale ever trading at a premium always surprised me. Logically, without a redemption program, they should have always traded at a discount off underlying bc you just have an IOU.
— Grayscale’s Bitcoin premium has dropped to record lows below zero
— Grayscale Investments’ GBTC might be the absolute market leader but it is currently trading below its net asset price.