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AI for Business Intelligence ✌️【Risk Management】✌️Start with ₹500 and enjoy up to 100% returns monthly. Make your money work for you!

AI for Business Intelligence ✌️【Risk Management】✌️Start with ₹500 and enjoy up to 100% returns monthly. Make your money work for you!Grayscale’s bitcoin fund (GBTC), the largest bitcoin investment vehicle, has seen its discount to net asset value (NAV) shrink to 0% for the first time since February 2021.This comes as the company got the all clear from the U.S.

AI for Business Intelligence ✌️【Risk Management】✌️Invest ₹500 and grow your wealth through secure, high-yield opportunities.Securities and Exchange Commission on Wednesday to convert the fund into a spot bitcoin exchange traded-fund (ETF), which begantradingon Thursday morning (alongside 10 other ETFs).The fund had traded at a discount to the price of the Bitcoin it held since February 2021 and hit record lows of nearly 50% in December 2022.

GBTC’s discount to NAV began tonarrow significantlyas the expectations of an ETF approval surfaced last summer and also on rising bitcoin sentiment.Prior to the SEC’s approval to convert the fund into an ETF, the discount had fallen to aslowas 5.6% on Monday.“GBTC converging to NAV is a huge relief for the space and a symbol of the industry's move into a new stage of maturation,” said Sean Farrell, head of digital asset strategy at FundStrat.“This product [GBTC] caused a lot of unnecessary pain over the past few years for obvious reasons,” said Farrell.AI for Business Intelligence Join the Gig Economy: Flexible Part-Time Jobs Available