GBTC is trading lower in pre-market sessions, mirroring recent weakness in bitcoin which closed at $60,333.82 (-2.65%) on June 29 amid broader digital asset volatility.
- Grayscale’s latest risk report highlighted concerns regarding potential Fed rate hikes and regulatory uncertainty surrounding the CLARITY Act, weighing on investor sentiment.
- The decline appears to be specifically crypto-driven, as broader equity futures remain relatively flat to slightly negative.