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The popularity and versatility of cryptocurrencies keeps on growing among users and the market. With new concepts and terms, it has captivated the interest of masses, and for good reason. Although it can be an intimidating endeavor to start with, its constant increase in value makes it that much more of an attractive and appealing exploration of new investments for beginners and expert traders.
In the latest fallout from FTX’s rapid collapse last week, Grayscale Bitcoin Trust share has widened its discount relative to the underlying cryptocurrency held in the fund. Digital Currency Group’s flagship GBTC shares traded at a discount of 43% to net asset value (NAV) today, the highest margin ever since its debut in 2013.