4min chapter

Coin Stories with Natalie Brunell cover image

Sam Callahan: What You Need to Know About GBTC and the Crypto Contagion

Coin Stories with Natalie Brunell

CHAPTER

Bitcoin - The Flip?

GBTC was trading at a premium for years, and then something changed in early 2021. The first Bitcoin spot ETF on the Toronto stock exchange came out that sucked capital out of GBTC. There's like a supply and demand issue as well with many GBTC shares and not enough demands. For all those reasons in February 2021, the, the premium disappeared and now it's a discount.

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