Barry Silbert’s DCG selling off assets at distressed prices, but market doesn’t care

Key Takeaways DCG own the Grayscale Bitcoin Trust, which has been trading at a sizeable discount following concern around the reserves held DCG has begun selling off crypto assets at distressed prices following bankruptcy of Genesis Market seems to have priced this in, but there could be more twists to come A couple of weeks […] The post Barry Silbert’s DCG selling off assets at distressed prices, but market doesn’t care appeared first on CoinJournal. дальше »

2023-2-7 16:30

Grayscale Bitcoin Fund up 25% this year, but discount still killing investors

Key Takeaways GBTC Fund is up 25% since the start of the year, compared to a 4% rise in the underlying asset, Bitcoin The discount is now back to where it was prior to the FTX collapse, at 37% The discount had hit an all-time high of 50% only four weeks ago   The largest […] The post Grayscale Bitcoin Fund up 25% this year, but discount still killing investors appeared first on CoinJournal. дальше »

2023-1-11 21:24