Qu\u1ef9 bitcoin c\u1ee7a Grayscale (GBTC), ph\u01b0\u01a1ng ti\u1ec7n \u0111\u1ea7u t\u01b0 bitcoin l\u1edbn nh\u1ea5t, \u0111\u00e3 ch\u1ee9ng ki\u1ebfn m\u1ee9c chi\u1ebft kh\u1ea5u tr\u00ean gi\u00e1 tr\u1ecb t\u00e0i s\u1ea3n r\u00f2ng (NAV) l\u1ea7n \u0111\u1ea7u ti\u00ean gi\u1ea3m xu\u1ed1ng 0% k\u1ec3 t\u1eeb th\u00e1ng 2 n\u0103m 2021.<\/p>\n
\u0110i\u1ec1u n\u00e0y x\u1ea3y ra khi c\u00f4ng ty \u0111\u00e3 nh\u1eadn \u0111\u01b0\u1ee3c s\u1ef1 \u0111\u1ed3ng \u00fd t\u1eeb \u1ee6y ban Ch\u1ee9ng kho\u00e1n v\u00e0 Giao d\u1ecbch Hoa K\u1ef3 v\u00e0o th\u1ee9 T\u01b0 \u0111\u1ec3 chuy\u1ec3n \u0111\u1ed5i qu\u1ef9 th\u00e0nh qu\u1ef9 giao d\u1ecbch trao \u0111\u1ed5i bitcoin giao ngay (ETF), b\u1eaft \u0111\u1ea7u giao d\u1ecbch v\u00e0o s\u00e1ng th\u1ee9 N\u0103m (c\u00f9ng v\u1edbi 10 qu\u1ef9 ETF kh\u00e1c).<\/p>\n
Qu\u1ef9 \u0111\u00e3 giao d\u1ecbch \u1edf m\u1ee9c chi\u1ebft kh\u1ea5u so v\u1edbi gi\u00e1 Bitcoin m\u00e0 n\u00f3 n\u1eafm gi\u1eef k\u1ec3 t\u1eeb th\u00e1ng 2 n\u0103m 2021 v\u00e0 \u0111\u1ea1t m\u1ee9c th\u1ea5p k\u1ef7 l\u1ee5c g\u1ea7n 50% v\u00e0o th\u00e1ng 12 n\u0103m 2022. M\u1ee9c chi\u1ebft kh\u1ea5u c\u1ee7a GBTC \u0111\u1ed1i v\u1edbi NAV b\u1eaft \u0111\u1ea7u thu h\u1eb9p \u0111\u00e1ng k\u1ec3 khi k\u1ef3 v\u1ecdng v\u1ec1 vi\u1ec7c ph\u00ea duy\u1ec7t ETF xu\u1ea5t hi\u1ec7n v\u00e0o m\u00f9a h\u00e8 n\u0103m ngo\u00e1i v\u00e0 c\u1ea3 v\u1ec1 t\u00ecnh c\u1ea3m bitcoin ng\u00e0y c\u00e0ng t\u0103ng.<\/p>\n
Tr\u01b0\u1edbc khi SEC ch\u1ea5p thu\u1eadn chuy\u1ec3n qu\u1ef9 th\u00e0nh qu\u1ef9 ETF, m\u1ee9c chi\u1ebft kh\u1ea5u \u0111\u00e3 gi\u1ea3m xu\u1ed1ng m\u1ee9c th\u1ea5p nh\u1ea5t l\u00e0 5,6% v\u00e0o th\u1ee9 Hai.<\/p>\n
Sean Farrell, ng\u01b0\u1eddi \u0111\u1ee9ng \u0111\u1ea7u chi\u1ebfn l\u01b0\u1ee3c t\u00e0i s\u1ea3n k\u1ef9 thu\u1eadt s\u1ed1 t\u1ea1i FundStrat, cho bi\u1ebft: \u201cGBTC h\u1ed9i t\u1ee5 v\u1edbi NAV l\u00e0 m\u1ed9t c\u1ee9u c\u00e1nh to l\u1edbn cho kh\u00f4ng gian v\u00e0 l\u00e0 bi\u1ec3u t\u01b0\u1ee3ng cho vi\u1ec7c ng\u00e0nh chuy\u1ec3n sang m\u1ed9t giai \u0111o\u1ea1n tr\u01b0\u1edfng th\u00e0nh m\u1edbi\u201d.<\/p>\n
Farrell cho bi\u1ebft: \u201cS\u1ea3n ph\u1ea9m GBTC n\u00e0y \u0111\u00e3 g\u00e2y ra nhi\u1ec1u t\u1ed5n th\u1ea5t kh\u00f4ng \u0111\u00e1ng c\u00f3 trong v\u00e0i n\u0103m qua v\u00ec nh\u1eefng l\u00fd do r\u00f5 r\u00e0ng\u201d.<\/p>\n
L\u00fd do \u0111\u1eb1ng sau vi\u1ec7c gi\u1ea3m gi\u00e1 l\u00e0 do t\u00ednh ch\u1ea5t c\u1ee7a qu\u1ef9. GBTC ho\u1ea1t \u0111\u1ed9ng t\u01b0\u01a1ng t\u1ef1 nh\u01b0 m\u1ed9t qu\u1ef9 \u0111\u00f3ng, c\u00f3 ngh\u0129a l\u00e0 n\u00f3 thi\u1ebfu c\u01a1 ch\u1ebf ch\u00eanh l\u1ec7ch gi\u00e1 v\u1ed1n c\u00f3 cho ph\u00e9p c\u00e1c nh\u00e0 t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng t\u1ea1o ho\u1eb7c mua l\u1ea1i c\u1ed5 phi\u1ebfu theo quy\u1ebft \u0111\u1ecbnh c\u1ee7a h\u1ecd.<\/p>\n
Farrell gi\u1ea3i th\u00edch: \u201cBitcoin lu\u00f4n t\u1ed3n t\u1ea1i trong qu\u1ef9 t\u00edn th\u00e1c nh\u01b0ng vi\u1ec7c thi\u1ebfu c\u01a1 ch\u1ebf mua l\u1ea1i \u0111\u00e3 d\u1eabn \u0111\u1ebfn s\u1ef1 gi\u1ea3m gi\u00e1 l\u1edbn \u0111\u1ed1i v\u1edbi gi\u00e1 tr\u1ecb t\u00e0i s\u1ea3n c\u01a1 b\u1ea3n\u201d. \u201cQuan tr\u1ecdng nh\u1ea5t l\u00e0 \u0111i\u1ec1u n\u00e0y g\u00e2y t\u1ed5n h\u1ea1i cho r\u1ea5t nhi\u1ec1u nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00e1 nh\u00e2n v\u00ec h\u1ecd ho\u1ea1t \u0111\u1ed9ng k\u00e9m hi\u1ec7u qu\u1ea3 so v\u1edbi ti\u00eau chu\u1ea9n nh\u01b0ng c\u0169ng d\u1eabn \u0111\u1ebfn s\u1ef1 b\u00f9ng n\u1ed5 t\u00edn d\u1ee5ng l\u1edbn do s\u1ea3n ph\u1ea9m \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng l\u00e0m t\u00e0i s\u1ea3n th\u1ebf ch\u1ea5p trong to\u00e0n b\u1ed9 kh\u00f4ng gian.\u201d<\/p>\n
Tr\u01b0\u1edbc \u0111\u00e2y, thanh kho\u1ea3n ch\u1ec9 \u0111\u01b0\u1ee3c cung c\u1ea5p kh\u00f4ng c\u1ea7n k\u00ea \u0111\u01a1n tr\u00ean th\u1ecb tr\u01b0\u1eddng th\u1ee9 c\u1ea5p, nh\u01b0ng gi\u1edd \u0111\u00e2y qu\u1ef9 \u0111\u00e3 \u0111\u01b0\u1ee3c chuy\u1ec3n \u0111\u1ed5i th\u00e0nh ETF, Ng\u01b0\u1eddi tham gia \u0111\u01b0\u1ee3c \u1ee7y quy\u1ec1n c\u00f3 th\u1ec3 t\u1ea1o v\u00e0 mua l\u1ea1i c\u1ed5 phi\u1ebfu ETF t\u1ea1i NAV, g\u1eafn gi\u00e1 th\u1ecb tr\u01b0\u1eddng c\u1ee7a ETF v\u1edbi gi\u00e1 c\u1ee7a n\u00f3. NAV, Matt Kunke, nh\u00e0 ph\u00e2n t\u00edch nghi\u00ean c\u1ee9u ti\u1ec1n \u0111i\u1ec7n t\u1eed t\u1ea1i GSR, cho bi\u1ebft trong m\u1ed9t cu\u1ed9c ph\u1ecfng v\u1ea5n v\u1edbi CoinDesk.<\/p>\n
Kunke n\u00f3i th\u00eam: \u201cDo \u0111\u00f3, ph\u00ed b\u1ea3o hi\u1ec3m\/chi\u1ebft kh\u1ea5u c\u00f3 th\u1ec3 s\u1ebd ch\u1ec9 thay \u0111\u1ed5i m\u1ed9t v\u00e0i \u0111i\u1ec3m c\u01a1 b\u1ea3n so v\u1edbi m\u1ec7nh gi\u00e1 trong t\u01b0\u01a1ng lai\u201d.<\/p>\n
Nh\u00ecn v\u1ec1 ph\u00eda tr\u01b0\u1edbc, Farrell l\u01b0u \u00fd r\u1eb1ng s\u1ebd r\u1ea5t th\u00fa v\u1ecb khi xem m\u1ee9c gi\u1ea3m gi\u00e1 NAV tr\u00ean Ethereum Trust (ETHE) c\u1ee7a Grayscale th\u1ef1c hi\u1ec7n nh\u01b0 th\u1ebf n\u00e0o khi x\u00e1c su\u1ea5t ph\u00ea duy\u1ec7t ETF ether giao ngay cu\u1ed1i c\u00f9ng \u0111\u00e3 t\u0103ng l\u00ean.<\/p>\n","protected":false},"excerpt":{"rendered":"
Grayscale \u0111\u00e3 \u0111\u01b0\u1ee3c b\u1eadt \u0111\u00e8n xanh theo quy \u0111\u1ecbnh \u0111\u1ec3 chuy\u1ec3n \u0111\u1ed5i s\u1ea3n ph\u1ea9m h\u00e0ng…<\/p>\n","protected":false},"author":3,"featured_media":3275,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"Grayscale received the regulatory green light to convert its flagship product into an ETF on Wednesday.","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[44],"tags":[145],"class_list":["post-5227","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tin-tuc","tag-grayscale"],"yoast_head":"\n