Bloomberg has partnered with Grayscale to launch Future Financial Institutions! GBTC Debit Bonus 28%

Bloomberg announced yesterday (19) that it has partnered with crypto asset management firm Greyscale to announce the future of the financial index to keep pace with the rapid growth of the digital industry. Additionally, Grayscale Bitcoin Trust (GBTC) has been performing poorly recently resulting in a negative rating all the time.

Indice Bloomberg Grayscale Financial Futures

Bloomberg and Grayscale have partnered to create an indicator of the financial future of the financial system through rigorous and transparent construction combined with economic intelligence from both parties. Companies below this indicator are considered capable of optimizing the future of digital assets and achieving remarkable revenues over the next two years.

These businesses fall into three main categories: financial infrastructure, digital assets, especially payments, exchanges, property management, hardware, blockchain technology, or technology solutions that include miners. The metric now tracks a total of 22 companies and has bounced back quarterly. Bloomberg clients can use the symbol BGFOF to access metrics and receive historical data through December 2020.

“The Bloomberg Grayscale Financial Futures Index is uniquely designed to be the first of its kind by analysts of the companies and technologies shaping the future of financial services,” said Michael Sonnenshein, CEO of Grayscale.

GBTC Debit Bonus 28%

While Grayscale's supply chain is constantly evolving, their core product, Bitcoin Trust (GBC), has not improved its value proposition. According to data site YChart, negative rates peaked at 28.29%.

GBTC has long been the vehicle of choice for many trading companies to gain a position in Bitcoin without buying real assets. However, the licensee is also subject to a 2% annual administration fee and a six-month closing period.

Today, the negative price not only indicates that holders will lose, but it also indicates that there is no market demand for GBTC, no interest in it from fit participants, or lack of hope in a commercial sense. Bitcoin.

However, Grayscale has been trying to use the GBTC-to-spot Bitcoin ETF in recent months, which is still under intense scrutiny by the U.S. Securities and Exchange Commission (SEC). Passing the test will help meet business needs and resolve the issue immediately.