Grayscale bitcoin trust premium level goes negative
February 1, 2021
The premium or overpayment on the Grayscale Bitcoin Trust Securities took negative numbers. This happened for the first time since the launch of the tool in September 2013, excluding the early days.
Grayscale Trusts are issued for the benefit of accredited investor clients who can invest in traditional currency or cryptocurrency. After a six-month waiting period, such shares become available for…