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.
Bitcoin24h
$66,305.90-2.03%
Ethereum24h
$1,941.98-2.92%
XRP24h
$1.42-4.03%
BNB24h
$603.43-2.46%
Solana24h
$81.20-4.72%
TRON24h
$0.2788-1.24%
Dogecoin24h
$0.0983-2.53%
Bitcoin Cash24h
$553.53-2.33%
Cardano24h
$0.2730-3.25%
UNUS SED LEO24h
$8.52-1.89%
CHART: Gold gained twice the market cap of BTC in three days
A 72-hour rally in gold this week added twice as much value to the precious metal than the entire market capitalization of BTC.
Crypto traders finally get gold — at all-time highs
The world’s largest crypto exchanges waited until gold had already rallied 70-80% to open up traditional products for retail trading.
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