Premium/Discount 08/29/, %. Avg. Volume (10 Day), 3,, Put GBTC NAV. +%, +%, +%, +%. Digital AssetsMorningstar Category. +. On Dec. 7, the GBTC premium to NAV saw one of its largest jumps when it move from % on Dec. 6 to % on Dec. 7. This has brought the premium to. Because of this, GBTC generally trades at a premium or discount relative to the net asset value (NAV) of the underlying bitcoin. After trading at a premium as. The fund provides operational simplicity for investors by actively managing rebalancing of the Bitcoin allocation as well as premium/discount dynamics of GBTC. Grayscale's GBTC discount to NAV (price of bitcoin) narrows to ~5% amid ETF expectations. If approved, that discount goes away overnight and.
NAV can turn into a discount at any time, similar to what we saw with $GBTC which traded at a % discount, so holding $GLNK is risky What. The premium to NAV is a percentage that calculates the amount that GBTC is trading above or below its net asset value. This metric tracks how far GBTC shares. Shares of any ETP are bought and sold at market price (not NAV) and may trade at a discount or premium to NAV. Shares are not individually redeemable from the. Grayscale's bitcoin fund (GBTC), the largest bitcoin investment vehicle, has seen its discount to net asset value (NAV) shrink to 0% for the first time since. Getting back to GBTC specifically. The fund currently trades at a 14% discount to NAV up from a nearly 50% discount in December of last year. The fund provides operational simplicity for investors by actively managing rebalancing of the Bitcoin allocation as well as premium/discount dynamics of GBTC. The premium or discount to NAV in the GBTC mirrors the difference between the trust's market price for its shares and the value of the underlying bitcoin per. Now that GBTC trades at a % discount to NAV, there is a converse type of trade: the discount trade. BTC holders can sell their spot. On Friday, data revealed a notable shift in Grayscale's Bitcoin Trust, commonly referred to as GBTC, as its discount to net asset value (NAV) contracted to. Shares in GBTC narrowed to a two-year record of % discount to the trust's net asset value (NAV) on Friday, the closest it has traded to NAV since July
The value of GBTC relates directly to the value of the underlying digital asset, the value of which may be highly volatile and subject to fluctuations due to a. This chart plots the average weekly premium in the total value of Bitcoin Trust shares (GBTC) to the Net Asset Value (NAV) of the Trust holdings of Bitcoin. Now while a host of new spot bitcoin ETF entrants enjoyed strong inflows, Grayscale's GBTC encountered notable outflows. Grayscale's GBTC Discount to NAV At Narrowest Since July on ETF Optimism · More Relevant Posts · Jeremy Allaire's Stablecoin Is Building a. Net Asset Value (NAV) Per Share. $ ; NAV Per Share 1D Change ($). $ ; NAV Per Share 1D Change (%). % ; Market Price. $ ; Premium/Discount to NAV. GBTC is currently trading at a ~50% discount to NAV. That means that if an investor in GBTC wants to exit their position today, the effective price of bitcoin. At the moment it's trading at around 9k ish as it's at a discount. The problem with this is, it shows there is very low demand from an institution stand point. Nav (On 08/30/) Total Assets (M USD) (On 08/30/) 13, Inception Date 09/13/ Premium/Discount –%. Average week Premium – The premium to NAV is a percentage that calculates the amount that GBTC is trading above or below its net asset value. This metric tracks how far GBTC shares.
Net Asset Value (NAV) Per Share. $ ; NAV Per Share 1D Change ($). $ ; NAV Per Share 1D Change (%). % ; Market Price. $ ; Premium/Discount to NAV. In depth view into GBTC Net Asset Value including historical data from , charts and stats Discount or Premium to NAV. Day Average Daily Volume. Loading. —. Dividend yield (indicated). —. Discount/Premium to NAV. −%. About Grayscale Bitcoin Trust (BTC). . Issuer. Digital Currency Group, Inc. Brand. Grayscale. Grayscale Bitcoin Trust ETF (BTC) Grades ; GBTC Return (Price), %, %, %, % ; NAV +/- Price Return, %, %, %, %. When the shares are above the NAV, GBTC trades at a premium, and when below, at a discount. In September , GBTC investors were paying twice.
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