Keyword Analysis & Research: gbtc news

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What happened to GBTC’s price?

The $27 billion fund (ticker GBTC) has plunged nearly 17% so far in 2022, outpacing Bitcoin’s nearly 9% decline. As a result, GBTC’s price closed 26.5% below the value of the Bitcoin it holds on Tuesday, widening GBTC’s so-called discount to record levels, according to Bloomberg data. It’s a dynamic that’s plagued GBTC for months.

How can I get the latest GBTC news and ratings?

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Where can I find the latest news headlines from grayscale Bitcoin Trust (GBTC)?

Find the latest news headlines from Grayscale Bitcoin Trust (GBTC) at Grayscale Bitcoin Trust (GBTC) News Headlines | Nasdaq Skip to main content Market Activity CLOSE Market Activity Stocks Funds + ETFs Indexes Commodities Cryptocurrency Currencies Futures Fixed Income Global Markets Quick Links

What's wrong with GBTC?

It’s a dynamic that’s plagued GBTC for months. The trust doesn’t allow for share redemptions in the same manner as an exchange-traded fund, meaning that the supply of shares can’t be created and destroyed with shifting demand.

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