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The Grayscale Dilemma: A Record Discount and a Golden Goose

1 min read Original Link

Grayscale Investments’ Bitcoin Trust has been selling at a record discount in recent days, though some industry watchers don’t expect the trust to liquidate. The ongoing crypto market volatility, most recently fuelled by the crash of crypto exchange FTX and its filing for bankruptcy earlier this month, would likely not in itself force liquidation of the trust (GBTC), Bloomberg Intelligence Analyst James Seyffart said in a research note. (Blockworks)

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