Grayscale GBTC’s negative premium rate narrowed to 10.35%, and FIL’s premium rate was as high as 901%
According to Coinglass data, the current total value of Grayscale's holdings is approximately $29.492 billion, with a negative premium rate of 10.35% for Grayscale Bitcoin Trust Fund (GBTC) and a premium rate of 13.94% for ETH Trust. In addition, the trading price of Grayscale's Chainlink Trust (GLINK) is $49, which is a 250% premium over the spot price of LINK. Solana Trust (GSOL) is priced at $202, which is an 869% premium over SOL, while its Filecoin (FIL) product has a premium of 901% and its Decentraland (MANA) product has a premium of 308%.
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
Crypto Investor Makes Over 3,600,000% Profit Trading Memecoins
Crypto Market Crashes – $1.24 Billion in Positions Wiped Out
Key Indicators Point to Upcoming XRP Rally
Bitcoin tumbles to $92k as the bears get comfortable. Is it heading for $90k next?
Share link:In this post: Bitcoin dropped to $92k, losing over 9% in 24 hours, after hitting a record high of $108k earlier this week. The Federal Reserve’s hint at fewer rate cuts shook markets, dragging down BTC, ETH, and other cryptocurrencies. Bitcoin ETFs saw record outflows of $671.9 million, with Fidelity and Grayscale taking major hits.
Trending news
MoreCrypto prices
More
