# @peterschiff on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/CzAEjFGswp-
- **Gondola URL:** https://gondola.cc/posts/9699773-peterschiff-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/thumbnails/d1b7d4b335.jpg
- **Posted:** 2023-10-29T23:26:19.000+00:00

## Caption

If demand for $GBTC was so weak that shares traded down to a 50% discount to NAV, why do so many people expect a surge in #demand just because it converts to an #ETF? If #investors didn't want to buy #Bitcoin for just 50 cents on the #dollar, why would they rush to pay full #price?
#cryptocurrency #btc #crypto

## Stats

- **Views:** 0
- **Likes:** 332
- **Shares:** 0
- **Comments:** 42

## Tags

dollar, btc, price, etf, investors, crypto, bitcoin, demand, cryptocurrency

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