This performance is partly attributed to the successful approval of Grayscale’s application to convert GBTC into a spot bitcoin ETF by the U.S. SEC on Jan. 11. The approval positioned GBTC among 10 ...
The future looks bright for the battered Grayscale Bitcoin Trust shares (GBTC), a technical analyst told CoinDesk, pointing to an inverse or reverse head-and-shoulders pattern on GBTC's price chart.