Replies to post #17402 on Grayscale Bitcoin Trust (GBTC)

[carpe diem]

Values between 0.3 and 0.7 (-0.3 and -0.7) indicate a moderate positive (negative) linear relationship.

So at -0.33 we are looking at a moderately negative co-relation between GBTC and the S&P. I think that this is great, because if and when the stock market goes down BTC and its related products should push upward.