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Post# of 37919
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jumanji0881

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jumanji0881

Re: jonnytrade post# 37824

Monday, 11/21/2022 3:05:50 PM

Monday, November 21, 2022 3:05:50 PM

Post# of 37919
Another one in trouble -
GBTC discount hits a record 45.2%, prompting some to wonder if Grayscale will be the next black swan.
https://www.kitco.com/news/2022-11-21/GBTC-discount-hits-a-record-45-2-prompting-some-to-wonder-if-Grayscale-will-be-the-next-black-swan.html

My Comment: Biance is the big one and I suspect there's a lot of shenanigans there also

Excerpt:
The newest contagion risk to emerge from the FTX debacle that threatens to plunge the cryptocurrency market even deeper into the doldrums is uncertainty around Grayscale and its flagship crypto product, the Grayscale Bitcoin Trust (GBTC).
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