Replies to post #11730 on Grayscale Bitcoin Trust (GBTC)

[Strategyone]

Just curious... why if BTC hits 15K next week, do you think GBTC should go to 100% premium and a $30 share price?


I agree that they are both going up and occasionally, GBTC goes up at a stronger pace but the premium will still be held in check at some point in time. When the BTC price trend is up or going up as we go into a weekend, then I can justify a slightly higher premium for GBTC going into 2 or 3 days of markets being closed but I hope we don't go up to a 100% premium. That is a lot of risk for new buyers to take on (IMHO).

[Tutu]

That would be sweet

[Ethereum]

I definitely see that coming too! Thank you for your posts. Long Grayscale