{"id":35248,"date":"2021-01-23T19:20:06","date_gmt":"2021-01-23T17:20:06","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=35248"},"modified":"2025-08-29T00:25:38","modified_gmt":"2025-08-28T21:25:38","slug":"premium-on-grayscale-bitcoin-trust-shares-falls-from-38-to-3","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/premium-on-grayscale-bitcoin-trust-shares-falls-from-38-to-3\/","title":{"rendered":"Premium on Grayscale Bitcoin Trust shares falls from 38% to 3%"},"content":{"rendered":"<p>The premium on Grayscale Bitcoin Trust (GBTC) shares over the month has fallen from 38% to below 3%.<!--more--><\/p>\n<p>The premium reflects the difference between the asset&#8217;s market price and its value within the fund.<\/p>\n<div id=\\\"attachment_122862\\\" style=\\\"width: 1210px\\\" class=\\\"wp-caption aligncenter\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" aria-describedby=\\\"caption-attachment-122862\\\" class=\\\"size-full wp-image-122862\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/weekly-premium-of-gbtc.png\\\" alt=\\\"Premium on Grayscale Bitcoin Trust shares fell from 38% to 3%\\\" width=\\\"1200\\\" height=\\\"630\\\" srcset=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/weekly-premium-of-gbtc.png 1200w, https:\/\/u1f987.com\/wp-content\/uploads\/weekly-premium-of-gbtc-300x158.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/weekly-premium-of-gbtc-1024x538.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/weekly-premium-of-gbtc-768x403.png 768w\\\" sizes=\\\"auto, (max-width: 1200px) 100vw, 1200px\\\" \/>\\n<\/p>\n<p id=\\\"caption-attachment-122862\\\" class=\\\"wp-caption-text\\\">Dynamics of GBTC premium. Data: <a href=\\\"https:\/\/www.theblockcrypto.com\/data\/crypto-markets\/grayscale\\\" target=\\\"_blank\\\" rel=\\\"noopener noreferrer\\\">The Block<\/a>.<\/p>\n<\/div>\n<p>Such a pronounced decline may indicate investors selling shares after the lock-up period.<\/p>\n<p>GBTC assets are traded on over-the-counter markets. Accredited investors can purchase these securities based on [simple_tooltip content=\\&#8217;Net asset value per share.\\&#8217;]net asset value per share[\/simple_tooltip]. Selling shares on the secondary market is only possible after six months from purchase, in accordance with the US Securities and Exchange Commission (SEC) requirements.<\/p>\n<p>According to the latest data, the total value of crypto assets under management by Grayscale Investments stands at $24.2 billion.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p dir=\\\"ltr\\\" lang=\\\"en\\\">01\/22\/21 UPDATE: Net Assets Under Management, Holdings per Share, and Market Price per Share for our Investment Products.<\/p>\n<p>Total AUM: $24.2 billion<a href=\\\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$BTC<\/a> <a href=\\\"https:\/\/twitter.com\/search?q=%24BCH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$BCH<\/a> <a href=\\\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$ETH<\/a> <a href=\\\"https:\/\/twitter.com\/search?q=%24ETC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$ETC<\/a> <a href=\\\"https:\/\/twitter.com\/search?q=%24ZEN&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$ZEN<\/a> <a href=\\\"https:\/\/twitter.com\/search?q=%24LTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$LTC<\/a> <a href=\\\"https:\/\/twitter.com\/search?q=%24XLM&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$XLM<\/a> <a href=\\\"https:\/\/twitter.com\/search?q=%24ZEC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$ZEC<\/a> <a href=\\\"https:\/\/t.co\/YHQJL8Ftru\\\">pic.twitter.com\/YHQJL8Ftru<\/a><\/p>\n<p>\u2014 Grayscale (@Grayscale) <a href=\\\"https:\/\/twitter.com\/Grayscale\/status\/1352733982497120257?ref_src=twsrc%5Etfw\\\">January 22, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>The lion&#8217;s share of assets goes to the Bitcoin Trust \u2014 $20.1 billion (83%). Also among investors, the Ethereum-based product is popular \u2014 $3.39 billion (14%).<\/p>\n<div id=\\\"attachment_122861\\\" style=\\\"width: 988px\\\" class=\\\"wp-caption aligncenter\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" aria-describedby=\\\"caption-attachment-122861\\\" class=\\\"size-full wp-image-122861\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/Aktivy-Grayscale-Bitcoin-Trust-tysyach-BTC.-Dannye-grayscale.co_.-2.png\\\" alt=\\\"Premium on Grayscale Bitcoin Trust shares fell from 38% to 3%\\\" width=\\\"978\\\" height=\\\"623\\\" srcset=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/Aktivy-Grayscale-Bitcoin-Trust-tysyach-BTC.-Dannye-grayscale.co_.-2.png 978w, https:\/\/u1f987.com\/wp-content\/uploads\/Aktivy-Grayscale-Bitcoin-Trust-tysyach-BTC.-Dannye-grayscale.co_.-2-300x191.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Aktivy-Grayscale-Bitcoin-Trust-tysyach-BTC.-Dannye-grayscale.co_.-2-768x489.png 768w\\\" sizes=\\\"auto, (max-width: 978px) 100vw, 978px\\\" \/>\\n<\/p>\n<p id=\\\"caption-attachment-122861\\\" class=\\\"wp-caption-text\\\">Growth in Grayscale Bitcoin Trust assets last year (thousand BTC). Data: grayscale.co, <a href=\"https:\/\/u1f987.com\/en\/news\/2020-in-numbers-bitcoin-records-the-defi-boom-and-institutional-adoption\">ForkLog&#8217;s 2020 analytical report<\/a>.<\/p>\n<\/div>\n<p>Earlier this week, Grayscale Investments <a href=\"https:\/\/u1f987.com\/en\/news\/grayscale-bitcoin-trust-pulls-in-a-record-1-2-billion-in-a-week\">increased<\/a> the assets of the bitcoin trust by a record $1.2 billion. In a single day on January 18, <a href=\"https:\/\/u1f987.com\/en\/news\/grayscale-reports-record-daily-inflow-of-16244-btc-into-bitcoin-trust\">the company purchased 16,244 BTC<\/a>.<\/p>\n<p>Subscribe to ForkLog news on <a href=\\\"https:\/\/www.facebook.com\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">Facebook<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The GBTC premium over the month fell from 38% to below 3%.<\/p>\n","protected":false},"author":1,"featured_media":35249,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1214,943],"class_list":["post-35248","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-grayscale-bitcoin-trust","tag-grayscale-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"13","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/35248","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=35248"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/35248\/revisions"}],"predecessor-version":[{"id":35250,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/35248\/revisions\/35250"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/35249"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=35248"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=35248"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=35248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}