BCHG: NAV Rate Premium Full Circle
Portfolio Pulse from
Grayscale Bitcoin Cash Trust (BCHG) is now trading at a premium of less than 6% to its NAV, down from a 43% premium in January. The lockup expiration for BCHG is ongoing, and a return to a NAV discount is possible.
March 12, 2025 | 10:15 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Grayscale Bitcoin Cash Trust (BCHG) is trading at a significantly reduced premium to NAV, now under 6%, compared to 43% in January. The ongoing lockup expiration could lead to a NAV discount.
The significant reduction in premium to NAV suggests a decrease in investor demand or confidence. The ongoing lockup expiration could further pressure the price, potentially leading to a NAV discount.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100