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RE: GBTC Premium is rising - Bitcoin spike Imminent?

in #crypto • 5 years ago

Interesting! Have never paid attention to this. How much volume does GBTC have, do you know? 30% premium is a lot, so expectations of the investors need be towards fairly large gains, probably over a long timeframe.

I'll watch it more closely from now on, thanks a lot for bringing it up!

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5 years ago in #crypto by
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     5 years ago 

    It does about 3.8 million shares per day. At $7 per share, that is about $27 million in dollar volume per day.

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