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GBTC Share Price Soars, Discount Narrows to Multi-Month Low on BlackRock ETF Filing Optimism

Investors turned optimistic about Grayscale allowing redemptions in the future after BlackRock’s filing for spot bitcoin ETF last week, one analyst said.

Grayscale ad campaign. (Nikhilesh De/CoinDesk)
Grayscale ad campaign. (Nikhilesh De/CoinDesk)