GBTC bucks trend, surged 4.5% while BTC remains steady ahead of SEC hearing

quick take

• It appears to be a prelude to the first oral arguments in Grayscale’s lawsuit against the SEC seeking approval of the ETF, which will go public today, March 7 at 9:30 a.m. ET.
• crypto slate will report the discussion live on our website.
• GBTC gained 4.62% on March 6, while BTCUSD was flat at -0.40%.
• GBTC is up 44% year-to-date, while BTC is up 34%.

The post-GBTC dollar trend surged 4.5%, but BTC has stabilized ahead of the SEC hearing, first appearing on CryptoSlate.