Replies to post #22994 on Grayscale Bitcoin Trust (GBTC)

[Barami]

Yea that’s because they are going to reset the price before they open it up

[Cosa]

Nothing to do with retail. It's institutional funds. Because the 6 month lock up period ended for July 2020, they now can dump their shares for a huge profit. Especially because this trades at a huge premium. A good time to take a little off the top and buy more later.