Some investors, however, have been purchasing GBTC shares over the last three to six months betting on a narrowing discount in case of a favorable court decision, Doug Schwenk, CEO of crypto data provider Digital Asset Research, explained in an emailed note.

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• Source: https://www.coindesk.com/markets/2023/08/29/grayscales-victory-ignites-a-gbtc-trading-frenzy-as-investors-bet-on-narrowing-discount-to-bitcoin-price/?utm_medium=referral&utm_source=rss&utm_campaign=headlines