Replies to post #19458 on Grayscale Bitcoin Trust (GBTC)

[FooBarAndGrill]

My thoughts are related to the underlying value of a share. Grayscale "Holdings per Share" are published every trading day. Know what you are buying.

[krazykracker69]

I am mega concerned about ETHE and ETCG. They are trading with a gigantic premium. Ethereum is trading at $345 per coin. ONE SHARE of ETHE represents 0.09641904 ownership of one coin.

So do the math...
Ethereum $345 / .096 = $34 and some change

ETHE closed at $222... looks to open at $275!?!?!?

That’s like a 700% to 800% premium!

We run around 35% if BTC is flying