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Author Topic: GBTC $93/share  (Read 477 times)
Jcastle (OP)
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June 06, 2016, 06:49:08 PM
 #1

GBTC(bitcoin etf) is trading now@$93/share...this implies a bitcoin price of $900
spazzdla
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June 06, 2016, 06:50:50 PM
 #2

This ETF has big problems written all over it.
gentlemand
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June 06, 2016, 06:55:53 PM
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I don't think you can really apply the wider Bitcoin space to it. It's a weird little thing all by itself.
richardsNY
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June 06, 2016, 07:06:16 PM
 #4

Doesn't say much for the regular exchange price of Bitcoin at this point. I am quite sure that a lot people here aren't even aware of this ETF. And beside that, the order book looks very thin.
RyNinDaCleM
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June 06, 2016, 08:10:59 PM
 #5

A whopping 130 BTC traded
http://www.nasdaq.com/symbol/gbtc

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