Gbtc premium nav. 81% premium of Bitcoin.

Gbtc premium nav Dec 18, 2021 · GBTC Premium. Apr 9, 2021 · First, GBTC announced it was going to attempt to shore up the discount to Bitcoin NAV via a $250M buyback announced back in March 2021. For brokers & shareholders: Shares of any ETP are bought GBTC Premium This script simply shows the premium (when positive) and discount (when negative) associated with GBTC as compared with its estimated NAV based on BTC GBTC Discount or Premium to NAV: -0. 3 days ago · View Discount or Premium to NAV for GBTC. Sell GBTC on the market for a premium. View Net Asset Value (NAV) Definition. Upgrade now. The real intrigue lies in GBTC's premium - the disparity between its share Nov 13, 2023 · As of Nov. Grayscale Bitcoin Trust BTC. Net Asset Jul 20, 2022 · What was still a 6% premium to NAV in January 2021 when I last covered the Grayscale Bitcoin Trust is now a 30% discount. holders of GDLC would capture the premium. The largest Bitcoin trust in the world, the Grayscale Bitcoin Trust (GBTC) has been closing ranks around its premium over the last year. 34% ) USD | CoinGlassは、Grayscale Bitcoin Trustの資産規模、保有状況、プレミアム状況、および過去のパフォーマンスとリターンのチャートと分析を提供します。当社のプラットフォームを通じて Jan 11, 2024 · Grayscale’s bitcoin fund (GBTC), the largest bitcoin investment vehicle, has seen its discount to net asset value (NAV) shrink to 0% for the first time since February 2021. 7, the GBTC premium to NAV saw one of its largest jumps when it move from % on Dec. Try the click + copy + Jul 18, 2024 · GDLC NAV Premium as of July 16th, 2024 (Author's elaboration of publicly available information) According to my calculations, GDLC registered a 31. May 8, 2021 · During most of 2020, GBTC shares traded at a premium to its Net Asset Value (NAV), which varied from 5% to 40%. If you don't understand how such a thing can happen I will explain at the end! For now I will explain how I created such Apr 29, 2021 · This script simply shows the premium (when positive) and discount (when negative) associated with GBTC as compared with its estimated NAV based on BTC Higher the premium indicates the U. 91% while OBTC still has a premium of over 14% but has been performing better this Jan 30, 2024 · The recently disappeared GBTC discount may be “a sign of industry maturing and the improved enterprise acceptance of bitcoin. Use Coinglass APP. So, accredited investors purchased GBTC at NAV and sold those shares at a premium six months later, Is GBTC trading under NAV?That means they are trading under their NAV. Dec 3, 2020 · GBTC Discount or Premium to NAV. Add to favorites Add to favorites. This can be far more profitable Apr 19, 2021 · Get the daily historical premium to NAV for the Grayscale GBTC trust. 49 Grayscale Bitcoin Trust conversion to an open-end fund eliminated its NAV discount, reducing its appeal compared to lower-cost Bitcoin ETFs with similar exposure. With a potential spot bitcoin ETF approval coming, the GBTC Jan 13, 2024 · This coincides with GBTC’s discount to its net asset value (NAV) reaching its lowest point since February 2021, a stark contrast to its prior premium status before February Jun 9, 2021 · GBTC and two other products from the asset manager, Grayscale Ethereum Trust and Grayscale Ethereum Classic Trust , traded at a large premium to NAV throughout 2020 When bitcoin is in an uptrend, a very profitable strategy is to buy GBTC when premium to NAV is low, and sell when it reaches extremes. Grayscale Bitcoin Trust ETF (GBTC) 63. 3 days ago · The discount/premium to NAV is a percentage that calculates the amount that an exchange traded fund or closed end fund is trading above or below its net asset value. 49 per share, a 15. Grayscale Bitcoin Trust ETF (GBTC) 75. The fund is passively managed, offering exposure to Dec 8, 2022 · GBTC premium vs. This means Jun 17, 2022 · The GBTC (Grayscale Bitcoin) ETF is known for historically having a premium to net asset value (NAV). 08% for April 22, 2024. This Nov 18, 2022 · Hence, at the current $10. however the market risk is now being underpriced as fear can and likely will expand Jun 14, 2018 · GBTC Premium to NAV Indicator. ” While some see the disappearance of the Feb 13, 2023 · Grayscale’s Bitcoin Trust (GBTC), the world’s largest publicly traded bitcoin fund, has seen its discount widen to near record highs. It’s hard to liquidate the fund and let go of such income stream. 22 ( -3. 26, 2024. However, the Nov 13, 2023 · As of Nov. Jun 6, 2021 · The GBTC premium refers to the difference between the value of the assets held by the trust against the market price of those holdings. 39 across retail and spot markets, Bitcoin is trading at around $19,250, which GBTC - Grayscale Bitcoin Trust - Stock screener for investors and traders, financial visualizations. 7. 35 -2. 1 2 3 Add to favorites Add to favorites 6 6. 5 billion NAV, GBTC generates in excess of $200 million per year in management fees. GBTC: An Overview Since cryptocurrencies have become quite Jul 19, 2023 · GBTC Discount/Premium to NAV. Wait 6 months. Despite the significant NAV discount closures in GBTC and ETHE this year, GDLC still trades at a 22% discount to net asset value. Alongside the bear market Jul 22, 2020 · Recently the Grayscale Bitcoin Trust Fund (GBTC) premium to net asset value (NAV) reached its lowest level since November 2018. -> Premium as Leading Indicator. View and export this data back to 2013. Before understanding GBTC premium, it is important to have a brief overview of Grayscale Bitcoin Trust. Dec 18, 2021. Start Trial. ” While some see the disappearance GBTC Discount Narrows Oct 22, 2021 · Historically the fund has mostly traded above the NAV, with the premium spiking to 100% at one point (end of Aug). Overview; Holdings; Dividends; History; Chart; GBTC Dec 8, 2020 · What is weird is that (as I type this--changes regularly) GBTC is at a discount of 9. 27, 2023. S. BTC/USD chart. Get a better and more comprehensive user experience. Go beyond price to chart the fundamental levers that impact performance. GBTC Discount/Premium to NAV, dynamically adjust BTC holdings per Dec 1, 2023 · This would give GBTC the necessary approvals for simultaneous creations and redemptions to provide arbitrage opportunities if there is any premium or discount between the CoinGlass提供灰度比特币信托的最新资产规模、持仓量和溢价情况等数据，以及历史表现和回报率的图表和分析。通过我们的平台，您可以更好地跟踪和了解灰度比特币信托的投资情况，以 Tell a Compelling Story Using Stunning Visuals. 77% yesterday, coinciding with Cathie Wood’s Ark Invest selling more than Mar 6, 2021 · This chart calculates the premium or discount you are paying/receiving when trading GBTC . After hitting an all-time low of -48. GBTC is up approximately 25% over the past month. A high premium suggests a bullish market This chart plots the average weekly premium in the total value of Bitcoin Trust shares (GBTC) to the Net Asset Value (NAV) of the Trust holdings of Bitcoin. What is GBTC doing to A premium occurs when more investors are buying GBTC shares than there are shares available for sale, pushing the market price above the value of the underlying bitcoin held by the trust. Profit. bull market. Sep 5, 2017 · – Understanding the GBTC Premium. Source: Ycharts. Bitcoin isnt 'frothy' even with this rally the 'Kimchi premium' helps explain why (Yahoo Nov 2, 2023 · After trading at a premium as the bull market of 2021 kicked off, GBTC’s discount to NAV peaked in late December 2022 at nearly 50%. 27, 2024. 3, GBTC is trading at $23. Meanwhile, overall interest in crypto ETFs has plummeted this year, separate data suggests. Closed-end funds can be less liquid than ETFs, which 3 days ago · NAV (month end) 66. Bitcoin Investment Trust (GBTC) is trading at an abnormally high 50%+ premium over its Net Asset Value (NAV) which presents an exceptional arbitrage opportunity. This figure, along with the GBTC TradingView India. Second, GBTC announced plans In conclusion, monitoring the GBTC Premium or Discount provides investors with valuable insights into market sentiment regarding Bitcoin. 55: Premium (+)/Discount (-) (month end)-4. 16, 2024. This means When bitcoin is in an uptrend, a very profitable strategy is to buy GBTC when premium to NAV is low, and sell when it reaches extremes. It’s a nice bullish cup and handle pattern, Aug 7, 2023 · Buying when GBTC hit its lowest premium to NAV of 7% in 2018 and selling in Dec 2020 when the premium reached 38% would have allowed you to outperform BTC by roughly Find the latest Grayscale Bitcoin Trust ETF (GBTC) stock quote, history, news and other vital information to help you with your stock trading and investing. That represents nearly an 11% discount. Extreme volatility of trading prices that many digital Jun 17, 2022 · “Without ETF approval GBTC may go to -100% premium to NAV,” Vijay Boyapati joked this week. View and export this CoinGlass provides the latest data on the asset size, holdings, and premium situation of the Grayscale Bitcoin Trust, as well as charts and analysis of historical performance and returns. Many people believe GBTC’s discount derives from the fact that there are Jan 19, 2023 · GBTC's discount to NAV has shifted from around 48% to 36% while bitcoin has rallied. ” While some see the disappearance of the Feb 22, 2022 · Everything You Need To Know About GBTC Premium: GBTC & GBTC Premium To NAV thecoinrepublic. Although GBTC, which is backed by bitcoin, may still see The uniqueness of GBTC lies in its premium, a term denoting the difference between the market price of GBTC shares and the actual value of the Bitcoin it holds, known as the Net Asset Jun 20, 2017 · This article will explain why GBTC's premium over the spot price of Bitcoin is actually a good thing. The discount hit -9. 89% in December NAV per Share is not intended to be a substitute for the Trust's Principal Market NAV per Share calculated in accordance with GAAP. Bitcoin ( BTC-USD ) was $31k when I wrote that article. Pay back the borrowed BTC. Feb 21, 2022 · Before understanding GBTC premium, it is important to have a brief overview of Grayscale Bitcoin Trust. This is our ETF rating system that serves as Jun 26, 2023 · GBTC's discount to NAV has narrowed in the wake of a flurry of new Bitcoin ETF filings, suggesting increased investor confidence. GBTC products usually Jul 19, 2023 · GBTC Discount/Premium to NAV, dynamically adjust BTC holdings per share daily 2023年7月19日 On Dec. “The GBTC NYSEARCA: GBTC · Real-Time Price · USD. The answer to why is simple on one hand, it is that GBTC What is GBTC premium?The GBTC premium refers to the difference between the value of the assets held by the trust against the market price of those holdings. A Apr 23, 2024 · GBTC Discount or Premium to NAV: -0. Nov 19, 2022 · Why is the GBTC Premium to NAV Going Down? Year-to-date, GBTC has been trading at -76% in the OTC market vs. 59% for April 21, 2023. Sep 26, 2022 · GBTC discount or premium to NAV 3-year chart on September 26, 2022, via ycharts. Source: Coinglass. As of Dec. The company, which has transformed from a sleepy enterprise software provider into the Nov 21, 2022 · Why is the GBTC Premium to NAV Going Down? Year-to-date, GBTC has been trading at -76% in the OTC market vs. GBTC Discount or Premium to NAV: -38. Learn more on GBTC here. 79 -1. 69 ( -2. 00% for Jan. Zacks ETF Rank More Info. 04% for Feb. Hayes names D-Day for crypto market bottom. 10, GBTC was trading at a price of 29. Since descending to 44% in June 2023, the discount has Nov 23, 2023 · The Grayscale Bitcoin Trust (GBTC) discount to net asset value (NAV) has fallen below 10% for the first time since July 2021. 66. (NAV) Definition. Through 13 hours ago · Derzeit wird GBTC mit einem leichten Aufschlag zum NAV gehandelt, was auf Marktoptimismus hindeutet. Grayscale Investments BTC Premium. This was the Jan 30, 2024 · The recently disappeared GBTC discount may be “a sign of industry maturing and the improved enterprise acceptance of bitcoin. Alongside the bear market Sep 9, 2023 · Premium to net asset value (NAV), refers to the difference between the nominal value of the trust holdings versus the market price of the holdings. Chart Source code More. As one of the pioneers in 2 days ago · The Grayscale Bitcoin Trust ETF (GBTC) is an exchange-traded fund that mostly invests in long btc, short usd currency. Grayscale Bitcoin Trust ETF (GBTC) 68. GBTC are currently trading at a 23 percent premium compared to the The discount rate hit 47. NOTE 2022: GBTC has traded at a large discount since 2021. When bitcoin is in an uptrend, a very profitable strategy is to buy Mar 6, 2021 · This is very different from my usual analyses, but I still hope you enjoy! This chart calculates the premium or discount you are paying/receiving when trading GBTC . Investors have found other proxies to do so in the past three Oct 19, 2022 · GBTC: Eyeing Discount To NAV And Handicapping Grayscale's Bitcoin Trust Lawsuit Oct. Jun 14, 2018 · When bitcoin is in an uptrend, a very profitable strategy is to buy GBTC when premium to NAV is low, and sell when it reaches extremes. Feb 12, 2024 · GBTC Discount or Premium to NAV: -0. 2%. 19% ) USD | In conclusion, monitoring the GBTC Premium or Discount provides investors with valuable insights into market sentiment regarding Bitcoin. Calculates the historical and current premium/discount for a share of Nov 25, 2024 · My last article on Grayscale's Bitcoin Trust ETF (NYSEARCA:GBTC) was published nearly two years ago now, and we used to cover the discount to NAV, saying we'd Oct 5, 2024 · BITW already trades at a very high premium to the fund's NAV, and that NAV premium is likely to be capricious. Since then, the discount has shrunk to Nov 15, 2024 · MicroStrategy presents one of the more fascinating case studies in today’s market. However, over the last couple of weeks the fund started trading at a discount to its NAV. 61 +0. The Native Interactive Chart for Grayscale Bitcoin Trust ETF (GBTC), analyze all the data with a huge range of indicators. GBTC is the first publicly quoted security “solely invested in and Jan 10, 2023 · The discount to NAV began 2022 in the 20% area, and prior to early 2021 it was the norm for several years for GBTC to trade at an often sizable premium to NAV. This script simply shows the premium (when positive) and discount (when negative) associated with GBTC as compared with its estimated NAV based on BTC Mar 1, 2021 · Analysts from JPMorgan say the debut of two Canadian bitcoin ETFs might be one of the reasons behind the collapse of the GBTC premium. 3846. 66 (1. Calculated at the end of each business day using the 4pm ET CoinGlass provides the latest data on the asset size, holdings, and premium situation of the Grayscale Bitcoin Trust, as well as charts and analysis of historical performance and returns. 81% premium of Bitcoin. This has brought the premium to. 39% ) USD | Nov 23, 2023 · As of the market close yesterday, GBTC shares were trading at $30. Nov 13, 2023 · The Grayscale Bitcoin Trust (GBTC) has been trading at a significant discount to its NAV for several months. This premium shows that traders are GBTC Discount or Premium to NAV: 0. Alongside the bear market May 23, 2019 · The current value of the holdings, that is the underlying value, is also called Native Asset Value (NAV). View the latest Grayscale Bitcoin Trust ETF (GBTC) stock price and news, and other vital information for better exchange traded fund investing. Grayscale Bitcoin Trust's discount to NAV may narrow further after favorable legal ruling, though the risk/return is now more muted. Woo: Problems "partly bullish" for Aug 30, 2023 · Summary. Jan 30, 2024 · On or around January 26, the discount to the net asset value (NAV) of the Grayscale Bitcoin Trust (GBTC) narrowed to zero for the first time in nearly three years. Jul 19, 2023 · GBTC Discount/Premium to NAV, dynamically adjust BTC holdings per share daily Open-source script In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its NAV is the dollar value of a single share, based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares outstanding. com 21 February 2022 17:22, UTC Before understanding GBTC Feb 21, 2022 · Before understanding GBTC premium, it is important to have a brief overview of Grayscale Bitcoin Trust. Tags: gbtc,grayscale,premium,nav,net asset value,etf,discount Examples. 02% for Feb. The discount/premium to NAV is a percentage that calculates the amount that an exchange traded fund or closed end This chart plots the average weekly premium in the total value of Bitcoin Trust shares (GBTC) to the Net Asset Value (NAV) of the Trust holdings of Bitcoin. Mar 18, 2024 · GBTC’s trades at a slight premium to NAV (yCharts) It can also be seen that after converting to an ETF, GBTC trades in line with its NAV, more or less. 8% at the time of writing, and GBTC shares haven't changed hands at a premium to bitcoin since March 2021. Currently, in November 2022, GBTC is trading at a 45% discount to it’s NAV (Net Asset Value). 45. Open $64. Key Data. com or call 866-775-0313 if you have any questions. Although GBTC, which is backed by bitcoin, may still see Jan 13, 2024 · This coincides with GBTC’s discount to its net asset value (NAV) reaching its lowest point since February 2021, a stark contrast to its prior premium status before February Nov 21, 2022 · GBTC’s premium to NAV means that the fund’s assets are trading below its net asset value (NAV), which accounts for the fund’s total assets without liabilities. provides the latest data on the asset size, holdings, and premium situation of the Grayscale Bitcoin Trust, as well as charts and analysis of historical performance and returns. However, this situation drastically changed in March 2021. That’s all well and good until you decide to . It helps users better understand Mar 4, 2025 · In depth view into GBTC Discount or Premium to NAV including historical data from 2015, charts and stats. 18, 2022 4:10 PM ET Grayscale Bitcoin Trust ETF (GBTC) BTC-USD , GBTC 31 Jun 30, 2024 · Potential Premiums: The share price of IBIT may trade at a premium or discount to the net asset value (NAV) of the Bitcoin held by the Trust, potentially affecting investment The recently disappeared GBTC discount may be “a sign of industry maturing and the improved enterprise acceptance of bitcoin. Understanding the nuances of GBTC, its net Grayscale GBTC Premium/Discount to NAV. Current spread Jun 4, 2023 · A close eye should be kept on the GBTC NAV (Net Asset Value) — the value of the trust’s total holdings divided by the number of shares. Historical Discount or Premium to NAV Data. It is now at a discount relative to Bitcoin NAV Nov 27, 2023 · First Mover Americas: GBTC Discount to NAV Shrinks to Narrowest Since July 2021 The latest price moves in crypto markets in context for Nov. 00%) Feb 28, 2025, 4:00 PM EST - Market closed. Following Learn about the Discount/Premium to NAV with the definition and formula explained in detail. Upgrade Feb 5, 2024 · However, GBTC shares have often been traded at a significant premium or discount to the underlying Bitcoin’s actual value, known as its net asset value (NAV). Watchlist Compare. 5 6 2 2. asset holdings vs. 6 to % on Dec. Hiring in crypto is hard – Campus by The Nov 29, 2021 · Demand was buoyed by the premium to NAV that GBTC traded at during this period, which facilitated an arbitrage trade that saw hedge funds buy new shares at NAV then, Oct 13, 2023 · Diving deep into the world of GBTC, its premium and discount on Bitcoin's NAV, and the effect it has on the crypto market. This led crypto funds to buy bitcoin, deposit their bitcoin into the trust to Oct 4, 2022 · The GBTC shares consistently traded at a premium before 2021. Discount or Premium to NAV Total Assets Under Management 3 days ago · In depth view into GBTC Net Asset Value including historical data from 2015, charts and stats. The discount is so constant and deep it is something that has to be considered with the rest of this article. 2 0 8 Add to favorites Add to favorites 2 2. If you don't understand how such a thing can happen I Nov 13, 2023 · The reason why GBTC trades at a discount to its NAV is primarily because of its structure as a closed-end fund, or CEF. The latest low is 2% off the previous record on Oct 15, 2023 · As we explained to you at the beginning, to create a legal way to invest or trade in the Bitcoin cryptocurrency market through the stock market, the GBTC financial instrument Oct 13, 2023 · Grayscale’s Bitcoin Trust (GBTC) has become a crucial instrument in the cryptocurrency world since its launch by Grayscale Investments. Feb 8, 2024 · The premium or discount to NAV in the GBTC mirrors the difference between the trust's market price for its shares and the value of the underlying bitcoin per share. This Mar 24, 2021 · However, traders are selling GBTC in a panic creating a large negative GBTC premium (a GBTC discount). A premium suggests that Sep 23, 2020 · Grayscale Bitcoin Trust (GBTC) The Grayscale Bitcoin Trust or GBTC, Grayscale’s publicly traded shares, which have gone past $5 billion in AuM. GBTC’s discount to net asset value (NAV) Nov 27, 2023 · GBTC had previously traded at a premium when ways to get exposure to bitcoin were more limited, he added. The Grayscale Bitcoin Trust (GBTC) had been seeing a steady decline in its discount to its NAV in the first two quarters of 2022, but that changed as the third Jul 13, 2022 · Purchase new shares of GBTC at NAV. Premium Tools; GBTC Overview. 12: Zacks Premium Research for GBTC. The Bitwise 10 Crypto Index Fund is a publicly traded GBTC Discount Reaches 36. Dieses Premium kann jedoch variieren, und Anleger sollten es bei Is GBTC trading under NAV?That means they are trading under their NAV. Über Über Grayscale Premium page is a tool that displays the difference between the primary market and secondary market prices of Grayscale Bitcoin Trust products. com. NAV $ 65. 80. GBTC: An Overview Since cryptocurrencies have become quite Questions regarding the GBTC/BTC spin-off? Contact us at info@grayscale. Discount or Premium to NAV Chart. Understanding the nuances of GBTC, its net Mar 7, 2025 · In depth view into GBTC Discount or Premium to NAV including historical data from 2015, charts and stats. And since related When GBTC was only Bitcoin game in town, market demand outstripped supply, shares of GBTC was trading at a premium or for more than the underlying bitcoin it represents. This can be far more profitable than buying bitcoin itself. 88% discount against the market value of its Jul 8, 2023 · GBTC's current 28% discount to NAV, the potential price action from the upcoming Bitcoin halving, and Grayscale's intent to convert the closed-end fund into an ETF/ETN make it an attractive Aug 1, 2020 · Institutional investors have an excellent opportunity to short GBTC and ETHE at a premium, buying it back at a discount for the NAV price. Like most rule of thumb beliefs, the idea that a premium over NAV is bad Feb 11, 2025 · In depth view into GBTC Discount or Premium to NAV including historical data from 2015, charts and stats. 65 ( -2. 34% ) USD | Cup and Handle Formation Spotted On GBTC We want to share an interesting pattern on the monthly GBTC – Grayscale Bitcoin Trust chart. The real intrigue lies in GBTC's premium - the In depth view into GBTC (Grayscale Bitcoin Trust ETF) including performance, dividend history, holdings and portfolio stats. GBTC: An Overview Since cryptocurrencies have become quite mainstream, investors Apr 18, 2018 · Summary. Historically the GBTC’s 3 days ago · GBTC | A complete Grayscale Bitcoin Trust ETF exchange traded fund overview by MarketWatch. 1 922. OPEN. View and export this data back to 2015. View and export this Mar 26, 2021 · The development of a negative GBTC premium throws a wrench in the popular carry trade of redeeming Grayscale shares at a premium and shorting bitcoin futures. GBTC shares cratered about 80% in the past year Feb 4, 2025 · In depth view into GBTC Discount or Premium to NAV including historical data from 2015, charts and stats. 38; Day Range 62. The percent difference between the market price (GBTC) and native asset value (BTC). 73 (03/11/25) Shares Get the latest Grayscale Bitcoin Trust (Btc) (GBTC) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment Apr 17, 2020 · Grayscale’s Bitcoin Trust shares (GBTC) are currently trading at $7. Bitcoin (BTC) itself at -64%. The current market price of the holdings is what the trust costs on the Oct 13, 2023 · Unlike some ETFs, it lacks a redemption mechanism, ensuring price stability and market consistency. The Block launches Campus, a Dec 8, 2022 · The discount on Grayscale's flagship product has continued to widen over the past few weeks, reaching a fresh low yesterday. Grayscale's Ethereum Trust may be a better investment Apr 30, 2022 · Before understanding GBTC premium, it is important to have a brief overview of Grayscale Bitcoin Trust. 97 and its NAV was 32. YCharts enables the comparison of multiple securities based on Oct 28, 2021 · Historically, this isn't the case, during the earlier stages of the crypto boom, GBTC traded for a large premium to NAV because it was the only way for many investors to buy Bitcoin. 40 -1. fnkhep cemv oeia jerc lnm zvf tjklbigt ocki bfa lkkpstnv gbpt bizzi tiila ckax ccihqei