Interpreting Grayscale Premiums: GBTC, ETHE

This article was additionally published by Coinmotion, the leading digital asset exchange in Nordics.

Arguably the most widely known investment product of digital asset industry, Grayscale’s Bitcoin Trust (ticker: GBTC), has evolved into the de facto indicator of bitcoin’s market sentiment. One of the most interesting aspects of GBTC has been its premium over bitcoin’s price, exceeding…