Trust Premium

  • Grayscale Holdings Reveal Mixed Sentiments in the Crypto Market

    According to reports, according to Coinglas data, the current total grayscale holdings amount to 20.674 billion US dollars, and the trust premium rate for mainstream currencies is as follows: BTC, – 40.23%; ETH,–52.64%; ETC,-66.04%; LTC,-43.39%; BCH,27.52%。 The negative premium rate of grayscale Bitcoin Trust rose to 40.23% Analysis based on this information:The latest reports from Coinglas data suggest that Grayscale Holdings currently stand at 20.674 billion US dollars. This may indicate significant interest in cryptocurrencies among investors looking to gain exposure to the digital asset class. However, a closer look at the trust premium rate for certain mainstream currencies reveals that the market’s overall sentiment may be mixed. For instance, while Bitcoin (BTC) is currently in a strong position with a trust premium rate of -40.23%, other currencies like Ether (ETH) and Ether Classic (ETC) are showing negative premium rates of -52.64% and -66.04% respectively. At the same time, Litecoin (LTC) and Bitcoin Cash (BCH) are performing better than ETH…

    03/16/2023
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  • Gray Scale Position and Trust Premium of Mainstream Cryptocurrencies

    According to the report, the data of Coinglas shows that the current total position of gray scale is 18.799 billion US dollars, and the trust premium rate of mainstream currency is as follows: BTC, – 38.19%; ETH,-49.24%; ETC,-64.07%; LTC,-47.54%; BCH,-27.84%。 The negative premium rate of gray bitcoin trust rose to 38.19% Analysis based on this information:The message highlights the current position of Gray Scale, a leading digital currency asset manager, and the trust premium rate of mainstream cryptocurrencies. According to the report, the total position of Gray Scale is 18.799 billion US dollars. It shows that the company holds a significant market position in the digital currency asset management industry. Furthermore, the report displays the trust premium rate of mainstream currencies such as BTC, ETH, ETC, LTC, and BCH. The trust premium rate is the percentage difference between the underlying asset’s market value and the trust’s market price. It represents the additional value that investors are willing to pay for…

    03/13/2023
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  • Grayscale’s Trust Premium Rate Analysis

    It is reported that the on-chain data shows that the current total position of grayscale is 18.69 billion US dollars, and the trust premium rate of mainstream …

    02/14/2023
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