# Current -12% Grayscale GBTC Discount Means Confidence In Bitcoin Is Fading: Peter Schiff

By Coinness

Canonical URL: https://www.tokenpost.com/news/investing/7194
Published: 2021-03-05T09:48:03.000Z
Updated: 2021-03-05T09:48:03.000Z
Section: Investing

> Glassnode has tweeted that Grayscale Bitcoin Trust shares, GBTC, are trading at an almost 12 percent discount.

Glassnode has tweeted that Grayscale Bitcoin Trust shares, GBTC, are trading at an almost 12 percent discount.

Prominent Bitcoin hater Peter Schiff immediately commented on that, saying that investors are losing confidence in Bitcoin and could be dumping GBTC now to purchase gold.

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