According to Bloomberg Intelligence compiled data, Grayscale Bitcoin Trust Fund (GBTC) narrowed to about 14% during the day, which is the narrowest reading since 2021. Earlier this year, GBTC's negative premium was close to 50%. As of 11:00 am Eastern Time on Monday, Bitcoin rose by about 3.6%, while GBTC's stock price rose by 7.9%.
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GBTC negative premium narrowed to 14% intraday, the lowest since 2021
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