Foreign media: Grayscale Bitcoin Trust suspends accepting new investments
|
Digital asset manager Grayscale has suspended accepting new investments in the Grayscale Bitcoin Trust (GBTC) after the fund traded at a record 15% discount to the price of Bitcoin. It is reported that Grayscale will periodically close the private placement of GBTC and similar products. Unstable demand creates arbitrage opportunities. Investors can buy GBTC shares directly from Grayscale at par, hold them during the six-month lock-up period, and then sell them at a premium in the secondary market. Yesterday, Grayscale's parent company Digital Currency Group (DCG) announced plans to purchase up to $250 million in GBTC. |
<<: Goldman Sachs COO: Client demand for Bitcoin is rising
Recommend
Moles that indicate good luck in love
Some people have emotional ups and downs and are ...
The Origin of the Five Fingers in Palmistry
Thumb: It is the thickest one, so it is called th...
The connection between cheekbones and fate
The bones on the cheeks are called zygomatic bone...
Is peach blossom eyes good?
As the name suggests, a face with peach blossom e...
Changing artificial intelligence with blockchain: Decentralization brings a new data paradigm
In recent years, artificial intelligence (AI) res...
Ethereum 2.0 Solution and Progress Research Report
Recently, Ethereum developer Marius van der Wijde...
ShapeShift CEO: Freedom of currency is like freedom of belief, and Bitcoin is the wind of freedom
In March, at the Texas Bitcoin Conference, Shapes...
How to tell your fate through your eyes
How to tell your fate through your eyes 1. People...
Congressman calls on SEC chairman to focus on cryptocurrency regulation
Congressmen McHenry and Thompson called SEC Chair...
Facial features that make people unwilling to ask for help no matter how difficult it is
Most people are still willing to ask for help and...
What does a mole on the auricle mean? A lifetime of good fortune
What does a mole on the earlobe mean ? Compared w...
Good luck in family, harmonious family life
Unless you can leave your family, it is actually ...
American Express is testing the waters of Bitcoin and blockchain, and may invest in more projects
American Express, a financial services giant foun...
Illustration of facial features analysis
Our facial features are actually the key to deter...
Analysis of the Waves Project Farce: The Greedy Nature of a Ponzi Scheme
Why Ponzi Scheme? From @0xHamz: WAVES is the bigg...