Grayscale Bitcoin ETF NAV metric surpasses BlackRock for first time
The NAV (net asset value) of Grayscale Bitcoin ETF has surpassed that of BlackRock for the first time. Data shows that the discount of Grayscale GBTC's net asset value has narrowed to -0.27%, while BlackRock's iShares Bitcoin Trust traded at a discount of -0.3% for the first time. The price of Bitcoin has fallen below the support level of $40,000 this week. Since its launch, the AUM (assets under management) of iShares Bitcoin Trust has reached $1,346,912,907.59, currently managing a total of 33,430 Bitcoins.
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