Grayscale’s Bitcoin Trust (GBTC) shares rose 12% on Jan. 9 to $9.65 and narrowed the discount to its net asset value to 38.55% — its largest one-day increase since February 2022, according to YCharts דאַטע.
Bitcoin Magazine CEO David Bailey has started a קאמפאניע labeled “redeem GBTC.”
The campaign’s goal is to reduce GBTC’s 2% management fee, find a credible path to creating redemptions that minimize the impact on Bitcoin and find new sponsors for the trust.
ביילי tweeted Jan. 9 that the campaign has heard from 2,000 investors, representing 25% of GBTC shares. He said interest in the campaign is high and that it האט באקומען institutional support.
Community fears around GBTC כייטאַנד following its shares trading at a record discount of 50% in December. Speculations about the financial health of its parent company, Digital Currency Group (DCG), grew following recent געשעענישן אין די קריפּטאָ פּלאַץ.
די פּאָסטן גבטק שאַרעס שפּרינגען 12%, נעראָוינג אַראָפּרעכענען צו 38% ארויס ערשטער אויף קריפּטאָסלאַטע.
Source: https://cryptoslate.com/gbtc-shares-jump-12-narrowing-discount-to-38/