It’s like the GBTC premium, but in Chinese silver
Similar to how BTC traders once paid a premium for GBTC, Chinese traders are paying 60% above silver holdings for a Shenzen fund.
Similar to how BTC traders once paid a premium for GBTC, Chinese traders are paying 60% above silver holdings for a Shenzen fund.
After adding billions of dollars in funds this month, bitcoin ETFs ended 10 days of consecutive inflows on Monday.
Barry Silbert’s DCG has asked the court to throw out Genesis’ bankruptcy plan, which hands out more cash to a select group of creditors.
Grayscale has over 530,000 bitcoin and could theoretically keep selling into mid-March, but as a passive ETF manager, that’s highly unlikely.
A report claims that debtors-in-possession of FTX and Alameda Research have sold all its GBTC in the ongoing bankruptcy.