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
$73,481.15-0.52%
Ethereum24h
$1,999.34-1.26%
BNB24h
$712.30+1.16%
XRP24h
$1.33-1.50%
Solana24h
$81.60-1.47%
TRON24h
$0.3487+0.18%
Hyperliquid24h
$68.31+1.83%
Dogecoin24h
$0.0992-2.09%
UNUS SED LEO24h
$10.02-0.53%
Zcash24h
$544.88+1.83%
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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