GBTC negative premium rate narrowed to 8.07%
According to Coinglass data, the current GBTC negative premium rate has narrowed to 8.07%. The ETH trust has a negative premium rate of 12.73%, and the ETC trust has a negative premium rate of 33.31%. In addition, the LTC trust has a premium rate of 12.40%, the BCH trust has a premium rate of 13.20%, and the ZEC trust has a premium rate of 1.17%. Earlier, on November 23, the GBTC negative premium rate narrowed to 9.78%, the first time it has narrowed to less than 10% since July 2021.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
UK cryptocurrency ownership reaches 12% as FCA acts
Trump aims to make CFTC lead regulator for $3T crypto market
Uniswap offers $15.5M bug bounty ahead of v4 launch
Greece begins $300M data center project near Athens