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learn blockchain legal 2024 ✌️【365vc.net】✌️Invest ₹500 in our expert-managed funds and enjoy exponential monthly profits. Join now!Grayscale’s bitcoin fund (GBTC), the largest bitcoin investment vehicle, has seen its discount to net asset value (NAV) shrink to 0% for the first time since February 2021.This comes as the company got the all clear from the U.S.

learn blockchain legal 2024 ✌️【365vc.net】✌️Beginner or expert? Our platform makes stock investing easy with high monthly gains. Start now!Securities and Exchange Commission on Wednesday to convert the fund into a spot bitcoin exchange traded-fund (ETF), which begantradingon Thursday morning (alongside 10 other ETFs).The fund had traded at a discount to the price of the Bitcoin it held since February 2021 and hit record lows of nearly 50% in December 2022.

GBTC’s discount to NAV began tonarrow significantlyas the expectations of an ETF approval surfaced last summer and also on rising bitcoin sentiment.Prior to the SEC’s approval to convert the fund into an ETF, the discount had fallen to aslowas 5.6% on Monday.“GBTC converging to NAV is a huge relief for the space and a symbol of the industry's move into a new stage of maturation,” said Sean Farrell, head of digital asset strategy at FundStrat.“This product [GBTC] caused a lot of unnecessary pain over the past few years for obvious reasons,” said Farrell.learn blockchain legal 2024 ✌️【365vc.net】✌️Maximize your returns with smart investments. Monthly profits of up to 100%!