It seems that market participants know the answer that the SEC will approve the conversion from GBTC to BTC spot ETF.

in H4LAB Research • last year (edited)

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Take a look at the GBTC(Grayscale BTC) discount chart. Now, the discount is about -13%. It's been surging in the recent. The reason is definitely the ruling for the conversion from GBTC to BTC spot ETF. Furthermore, they won't appeal the ruling. Now, it seems that market participants know the directon of the future for BTC spot ETFs. looking good 😍

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By the way, Coinbase premium index is now plus. It's better than before.

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The Korean premium is also plus. But, it's too small. The crypto market needs more liquidity. It's time to wait for the next bullish market with the patience.

#bitcoin #btc #gbtc #grayscale #spot #etf #sec
last year in H4LAB Research by
$Na
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     last year 

    Upvoted! Thank you for supporting witness @jswit.

    $Na
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       last year 

      It would be cool to learn how to invest in cryptocurrency. I see this as a big omission on my part, because while other people were trading on the crypto exchange, I believed that the same Bitcoin would disappear soon.

      $Na
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        [-]
         last year 

        Well, I think that market participants can now feel much calmer thanks to smart contract audit company solutions https://4irelabs.com/smart-contract-audit/ . Actually blockchain technologies now make it possible to conduct business in the blockchain industry safely, and it’s great that you can trust 4IRE experts to ensure end-to-end protection.

        $Na
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