[GBTC discount ](https://www.coindesk.com/grayscale-etf-gbtc-discount)
I don’t know about you, but I’ve been watching the GBTC discount grow with some discomfort lately. If they didn’t decide to convert to an ETF their 37 billion of market cap could’ve had a bleed out that could’ve been a catalyst for some serious short-term pain for the entire crypto market.
But now, all is well. I wouldn’t be surprised if this pressure released from the market pushes us up past 65k this week. Live well fellow hodlers 🖖