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Grayscale’s Total Position and Trust Premium Rates

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It is reported that the on-chain data shows that the current total position of grayscale is up to $21158 million, and the trust premium rate of mainstream curr…

Grayscales Total Position and Trust Premium Rates

It is reported that the on-chain data shows that the current total position of grayscale is up to $21158 million, and the trust premium rate of mainstream currencies is as follows: BTC, – 44.66%; ETH，-51.63%； ETC，-66.86%； LTC，-57.49%； BCH，-40.68%。

The negative premium rate of gray bitcoin trust narrowed to 44.66%

Interpretation of the news:


The message reports on the current total position of Grayscale, a digital currency investment firm, and the trust premium rates of various cryptocurrencies. According to on-chain data, Grayscale’s total position is currently valued at $21158 million. This reflects a substantial increase in investment in the cryptocurrency market for institutional investors, and it highlights just how much of a role Grayscale is playing in contributing to the market’s growth.

The trust premium rate is a measure of how much an investor is willing to pay over the actual market price of a cryptocurrency. It reflects the demand for the cryptocurrency among investors who are looking to invest in it through investment trusts. In this case, the trust premium rates for five mainstream currencies are mentioned: BTC, ETH, ETC, LTC, and BCH.

The trust premium rates for these cryptocurrencies are as follows: BTC – 44.66%, ETH – 51.63%, ETC – 66.86%, LTC – 57.49%, BCH – 40.68%. These figures indicate that the interest of institutional investors in investing in these cryptocurrencies through Grayscale’s investment trust products is still high. Although the trust premium rates have decreased compared to previous rates, they still remain a significant percentage. It is worth noting that the trust premium rate for ETC is the highest among all, indicating that its investment remains attractive to investors.

Overall, this message suggests that institutional investors are actively investing in the cryptocurrency market through Grayscale’s investment trusts, which is driving up the market’s growth. Furthermore, the interest of investors in investing in cryptocurrencies through Grayscale’s products is still high despite the drop in trust premium rates.

In conclusion, the news highlights the growing interest of institutional investors in the cryptocurrency market and the role that Grayscale’s investment products are playing in contributing to its growth. The significant and attractive trust premium rates also indicate that investors are still optimistic about the future of cryptocurrencies.

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