The debut of Grayscale’s new “DEFG” fund in over-the-counter markets comes as its flagship Grayscale Bitcoin Trust (GBTC) is trading at a record discount. LedesmaLyllah reports
Grayscale Investments, manager of the world’s biggest publicly-traded bitcoin fund, said a new decentralized finance fund has started trading on over-the-counter markets.
The trading debut for the new fund, under the symbol “DEFG,” comes as Grayscale’s largest fund, the Grayscale Bitcoin Trust , is under distress, with its shares trading ato the value of the underlying cryptocurrency.
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