GBTC Stealing Bitcoin Spot Demand

Below is an excerpt from a recent issue of Deep Dive, Bitcoin magazine‘s newsletter for premium markets. To be among the first to get this insight and other Bitcoin market analysis delivered to your inbox, Subscribe now.

The grayscale story is very well known at this point. It’s a perpetual trust that has found a workaround for the outrageous regulations of the US Securities and Exchange Commission (SEC) and found a way to allow Bitcoin exposure in institutional capital and broker accounts before just about anyone else.

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