Shares in Grayscale’s Bitcoin Trust Up By 14% After Crypto’s Price Rallies
Amid the sharp rise in bitcoin’s price Wednesday, shares in the Grayscale Bitcoin Trust (GBTC) also saw notable gains. Bitcoin’s sudden rally – which many analysts are associating with expectations around the coming miner reward halving event – helped propel the investment vehicle to a 14.3% gain on the day, with a market price per share at $9.60 at the session close.
