World’s Largest Bitcoin Fund Is Down Almost 18% – Is It Time To Buy Or Sell?

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The Street

By Veronika Bondarenko “Tempting but tempting the way value traps can be tempting,” Spectra Markets’ Brent Donnelly wrote in an investor note. With just over $38 billion in assets, Grayscale Bitcoin Trust (GBTC) – Get Grayscale Bitcoin Trust ETF Report is the biggest bitcoin fund in the world by a stretch. Launched in 2013, it has 3.5% of the world’s entire bitcoin supply and runs 13 other cryptocurrency-focused trusts. But the company has not been having a great run in recent weeks, as shown by the numbers released by Grayscale on Twitter (TWTR) – Get Twitter, Inc. Report. At $28, shares are …

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