16.5% price difference between BTC and GBTC continue (what explains it, what happens next)

At the time of this post

BTC = $55,324 GBTC = $46.25

Are the shares of GBTC trust calculated at less than 100x or is there another reason for this seemingly 16.5% price difference?

Do you guys think this will even out over time (e.g. when GBTC converts to an ETF) or will this trend continue and GBTC could under-perform BTC?


submitted by /u/hyperhappy2
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