- BCHG Fund Increased BCH Holdings from 300k to 400k in 2024, Trading at 3-4x Market Value due to the fund premium - dollar-wise it would be the Equivalent to 1.6M BCH Removed from Spot Markets. Imagine the Impact of a BCH ETF! https://www.grayscale.com/crypto-products/grayscale-bitcoin-cash-trust 6 comments btc
- PSA Every BCHG share only contains 0.00858247 BCH. To work out the fair value you multiply the amount of BCH per share by BCH spot price eg. $606 x 0.00858247 = $5.2. Its trading for 3x-5x that price. So you can buy up to 3 to 5 BCH for every 1 BCH you buy in BCHG. https://www.grayscale.com/crypto-products/grayscale-bitcoin-cash-trust 9 comments btc
- Grayscale Bitcoin Cash Trust (BCHG) a fund holding 300k BCH reached a record 2 year high of $588 per BCH. Theres fresh money being injected into BCH, the like we have not seen in over 2 years. https://www.grayscale.com/crypto-products/grayscale-bitcoin-cash-trust 18 comments btc
- LTCN +20% today at $16+ / Volume SIX-fold increase / 635+% YTD / valuation of LTC at $188+ per coin https://www.grayscale.com/crypto-products/grayscale-litecoin-trust 16 comments cryptocurrency
- for the first time in 2 and a half years the BCHG fund is being traded above NAV. Todays market price means each share has 1.98 worth of BCH (0.00866797 BCH per share) but people are paying 2.24 per share. Institutions are injecting fresh capital while the price is still low. https://www.grayscale.com/crypto-products/grayscale-bitcoin-cash-trust 15 comments btc