First Bitcoin ETF trades $1.5B as GBTC ‘discount’ echoes $69K BTC price
ProShares and Grayscale lead a surge of activity in Bitcoin investment products, with analysis confident of implied demand for a Bitcoin spot ETF. Go to Source
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Grayscale GBTC discount falls to 16% as markets bet on Bitcoin ETF approval
Some analysts say GBTC’s discount is narrowing because investors are pricing in the SEC’s approval on several pending spot Bitcoin ETF applications. Go to Source
Bitcoin price gets new $25K target as SEC decision day boosts GBTC
Bitcoin analysis flags liquidity waiting in the wings above and below the current BTC price range, while GBTC erases more of its discount. Go to Source
What happens if SEC doesn’t appeal Grayscale spot Bitcoin ETF ruling?
The SEC must appeal Grayscale’s win in a D.C. Appeals Court on Oct. 13, or it will have to approve — or try to delay — the firm’s Bitcoin ETF bid. Go to Source
3 reasons why Bitcoin struggles to rally above $28.5K
Bitcoin started the week with an uptick in investor sentiment, but there are three major factors preventing BTC price from recapturing the $30,000 level. Go to Source
Bitcoin derivatives data suggests BTC price holds the current range
BTC investor sentiment turns increasingly bullish after this week’s quick rebound from a sharp price correction. Go to Source
GBTC ‘discount’ hits smallest since 2021 despite BTC price at 3-month lows
Bitcoin sits in the shade as the GBTC share price creeps ever closer to 1:1 against the BTC price. Go to Source
Grayscale asks SEC to meet on ‘way forward’ for Bitcoin ETF conversion
“We believe the Trust’s nearly one million investors deserve this fair playing field as quickly as possible,” Grayscale’s lawyers wrote to the regulator. Go to Source
Will Evergrande’s collapse have a silver lining for crypto?
This week, The Market Report discusses Grayscale’s victory against the SEC, the impact of Evergrande’s bankruptcy, and what happened to the 16 trillion PEPE tokens reportedly stolen. Go to Source
GBTC Bitcoin ‘discount’ may be gone by 2024 as share price gains 17%
GBTC shares trading at a lower implied value to BTC price may soon be a thing of the past, a new prediction says. Go to Source
