It looks like pre-positioning for the opening oral arguments of Grayscale’s litigation against the SEC for ETF approval which goes live today, March 7, at 9:30 am ET.
GBTC was up 4.62% on March 6, while BTCUSD was flat to negative -0.40%.
GBTC is up 44% YTD, while BTC is up 34%.
(By James Van Straten)
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