The low cost shrank to eight.6% on Friday, the bottom since July 2021, in an indication of escalating optimism {that a} spot bitcoin exchange-traded fund (ETF) will lastly be authorised within the U.S. Analysts attributed the advance to Grayscale’s assembly with the Securities and Trade Fee (SEC) about turning the belief right into a spot ETF. The low cost hit a file low of virtually 50% final December.
