Grayscale’s GBTC Discount to NAV Breaks Records as Spread Widens by More Than 35%

Grayscale's GBTC Discount to NAV Breaks Records As Spread Widens by More Than 35%Grayscale Investment’s Bitcoin Trust (GBTC) has dropped to a new low this week as the bitcoin fund tapped a record 35.18% low against bitcoin spot prices. GBTC’s discount to spot has been underwater for a total of 577 consecutive days. GBTC Discount to NAV Widens by 35% — Fund Reaches an All-Time Low Against BTC […]

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Nasdaq Listed Greenpro Capital to Set up Bitcoin Fund Using a $100 Million Loan

Nasdaq Listed Greenpro Capital to Set up Bitcoin Fund Using a $100 Million LoanThe Nasdaq listed Greenpro Capital Corporation has revealed plans to set up a bitcoin fund using $100 million in borrowed funds. In addition to the borrowed funds, Greenpro, through its subsidiary Cryptosx, says it plans to use its own cash resources to acquire the digital asset. The financial services firm which has its headquarters in […]

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The Bitcoin Fund Completes IPO, Now Trading on Canada’s Leading Stock Exchange

The Bitcoin Fund Completes IPO, Now Trading on Canada's Leading Stock ExchangeThe Bitcoin Fund, managed by 3iq, has completed an initial public offering and has begun trading on the Toronto Stock Exchange (TSX). It has been a long road for 3iq and The Bitcoin Fund since their filing was first rejected. After a hearing, a commissioner with the Ontario Securities Commission ruled in their favor. Also […]

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