2min 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

The Grayscale Bitcoin Trust

The GPC premium was breaching 20% at the end of 2020. And so, and they, they would just roll this trade over every six months. The amount of Bitcoin holdings held in the Grayscale Bitcoin Trust from 2020 to 2021 goes straight up to the right. So it was a, this trade was actually a huge tailwind for the price of Bitcoin.

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