2 thoughts on “Bitcoin and Ethereum prices, 13 July 2020”
thank you, the next time can you explain better the meaning of the Grayscale premiums? I know GBTC is an etf but i don’t fully get what the premiums are. Thanks
Thanks for pointing out the things I might have to explain a bit more. This premium (discount) is the implied excess price for BTC that an investor into the ETF (GBTC) would pay compared to buying BTC directly. This is based on the share price of the ETF (GBTC) and the amount of BTC that one share represents.
thank you, the next time can you explain better the meaning of the Grayscale premiums? I know GBTC is an etf but i don’t fully get what the premiums are. Thanks
Thanks for pointing out the things I might have to explain a bit more. This premium (discount) is the implied excess price for BTC that an investor into the ETF (GBTC) would pay compared to buying BTC directly. This is based on the share price of the ETF (GBTC) and the amount of BTC that one share represents.