Fast Take
- The low cost for GBTC is presently a whopping 40%, following a fall as little as 50%, which was probably the most vital low cost on report.
- GBTC trades at a premium when shares are altering arms at the next worth than the underlying BTC.
- Conversely, if GBTC shares are buying and selling under the online asset worth (NAV), GBTC is deemed at a reduction.
- The present 40% low cost would worth Bitcoin at $12,794
- For extra info on the GBTC premium commerce, see our newest market report
![GBTC](https://cryptoslate.com/wp-content/uploads/2023/01/GBTC11-1.png)
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