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Grayscale Bitcoin Trust Shares Rally to a One-Year High, Discount Dips to 30%

Investors are betting that recent filings for spot BTC ETF improve the chances for Grayscale to convert its trust into an ETF and close the price gap, one observer said.

Michael Sonnenshein, CEO, Grayscale Investments and Laura Shin, Podcast host and author, Unchained (Shutterstock/CoinDesk)
Michael Sonnenshein, CEO, Grayscale Investments and Laura Shin, Podcast host and author, Unchained (Shutterstock/CoinDesk)