The difference between the market price of Grayscale trust shares and the net asset value of the crypto they hold.
The difference between the market price of Grayscale trust shares and the net asset value of the crypto they hold. Before spot ETFs, GBTC sometimes traded at a 40%+ discount because shares couldn't be redeemed. The discount closed when GBTC converted to an ETF in January 2024.
An investment fund that trades on stock exchanges like a regular stock.
An exchange-traded fund that holds the actual cryptocurrency rather than futures contracts.
The first cryptocurrency, created in 2009 by the pseudonymous Satoshi Nakamoto.
Someone who meets specific income or net worth thresholds set by regulators, qualifying them for investments not available to the general public.
Laws and procedures designed to prevent criminals from disguising illegal funds as legitimate income.
How you divide your investments across different asset classes like stocks, bonds, crypto, and cash.
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