According to Foresight News, data from The Block shows that the negative premium rate of Grayscale's GBTC narrowed to 9.77% yesterday, falling below 10% for the first time since July 2021. As of yesterday's close, the trading price of GBTC shares was $30.45. In addition, Cathie Wood's Ark Invest sold more than $2 million worth of GBTC shares in the past two days.
Grayscale GBTC's Negative Premium Rate Narrows to 9.77%, Ark Invest Sells Over $2 Million Worth of Shares
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