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RE: GBTC Premium is rising - Bitcoin spike Imminent?
Interesting! Have never paid attention to this. How much volume does GBTC have, do you know? 30% premium is a lot, so expectations of the investors need be towards fairly large gains, probably over a long timeframe.
I'll watch it more closely from now on, thanks a lot for bringing it up!
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It does about 3.8 million shares per day. At $7 per share, that is about $27 million in dollar volume per day.