{"id":42468,"date":"2021-05-14T10:33:27","date_gmt":"2021-05-14T07:33:27","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=42468"},"modified":"2025-08-30T23:21:22","modified_gmt":"2025-08-30T20:21:22","slug":"grayscales-gbtc-discount-exceeds-20","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/grayscales-gbtc-discount-exceeds-20\/","title":{"rendered":"Grayscale’s GBTC discount exceeds 20%"},"content":{"rendered":"

On May 13, the Grayscale Bitcoin Trust (GBTC) traded at a discount of 21.23% to net asset value (NAV). The discount has persisted since February 23.<\/p>\n

\"Grayscale's
GBTC premium\/discount to NAV over time. Data: yCharts<\/a>.<\/figcaption><\/figure>\n

In May 2021, Digital Currency Group (DCG), led by Barry Silbert, announced increase in the GBTC stock purchases limit<\/a> from $250 million to $750 million. As of April 30, 2021, DCG had spent $193.5 million on these purposes.<\/p>\n

According to the latest data, investors directed $32.7 billion into the Bitcoin Trust.<\/p>\n

\n

05\/13\/21 UPDATE: Net Assets Under Management, Holdings per Share, and Market Price per Share for our Investment Products.<\/p>\n

Total AUM: $47.6 billion$BTC<\/a> $BCH<\/a> $ETH<\/a> $ETC<\/a> $ZEN<\/a> $LTC<\/a> $XLM<\/a> $ZEC<\/a> $BAT<\/a> $LINK<\/a> $MANA<\/a> $FIL<\/a> $LPT<\/a> pic.twitter.com\/XbCxiR5FGJ<\/a><\/p>\n

\u2014 Grayscale (@Grayscale) May 13, 2021<\/a><\/p><\/blockquote>\n