WebMay 15, 2024 · GBTC Is Cheaper Than Average … but It’s Still Expensive. No. 2 ETN to Avoid: ETHE. The second-largest ETN is the Grayscale Ethereum Trust (OTC: ETHE), which tracks Ethereum. ETHE holds assets of $255 million and charges a 2.5% fee. One share of ETHE is equivalent to 0.094 Ethereum. WebGBTC or Grayscale Bitcoin Trust is super popular bc you can buy those shares and get indirect exposure into Bitcoin in your stock and retirement accounts. Bu...
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WebAug 16, 2024 · By Sam Reynolds / August 16, 2024, 5:34 pm EDT. 13F filings show that institutions are adding exposure to GBTC and ETHE. During the last quarter, institutions added $42.7 million worth of new shares of GBTC and $3.8 million in ETHE. Grayscale’s Bitcoin Trust and its Ethereum Trust both saw a big inflow of capital from institutions … WebApr 11, 2024 · Grayscale Bitcoin Trust (GBTC), the world’s largest pure bitcoin investment vehicle, has narrowed its discount to 35% against US$18.3bn of bitcoin under management. Although this remains a steep discount for the beleaguered trust, it’s a marked improvement from the nearly 50% discount inflicted upon shareholders at the start of the year ... how to figure out square roots easily
Grayscale GBTC and ETHE Arbitrage Risks - GCR
WebFeb 10, 2024 · Each GBTC share, as of Feb. 5, 2024, entitles the holder to 0.00094825 BTC (approximately $40). ... (ETHE) Grayscale Bitcoin Cash Trust (BCHG) Grayscale Ethereum Classic Trust ... WebJun 2, 2024 · In other words, buyers can pay about $0.96 for shares representing $1 of Ethereum. Before you think that's free money, however, it's important to realize that there's no guarantee the discount won ... WebThe acquisition date was straight forward as I only had one buy date for GBTC and one for ETHE. For my sell dates I just used the date of the first disbursement, making sure that all short and long term transactions were lumped into the appropriate category. I waived the white flag on cost basis, setting each to zero (I would rather overpay tax ... how to figure out stat pay