Bitcoin (BTC) is adding to gains alongside ETH’s advance, now higher by more than 5% and just shy of the $70,000 mark. Also on the move is the Grayscale Ethereum Trust (ETHE), a closed-end fund that Grayscale has proposed converting into a spot ETF. It’s recently been trading at more than a 20% discount to net asset value as investors bet against SEC approval, but is now higher by more than 23% on Monday.
Related posts
-
Bitcoin Remains Bullish As New BTC Addresses Surge To New 2-Month Highs
June was much rougher for Bitcoin than many expected at the beginning of the month. This... -
Kiyosaki Recommends Most People to Sell BTC, Vivek’s VP Prospects Spike 1,100%, and More — Week in Review
Robert Kiyosaki advises selling bitcoin amid its crash, yet... -
Ethereum ETF Dream On Hold: SEC Rejects Applications (Again)
Ethereum enthusiasts were cruising down the information superhighway towards a July 4th fireworks celebration of a...