Shares in Grayscale's Bitcoin Trust Trade at 36% Discount to Fund's NAV
The shares first slipped into the discount category in February 2021 primarily due to alternatives like ETFs becoming available in Canada and Europe.
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### Instruction: Shares in Grayscale's Bitcoin Trust Trade at 36% Discount to Fund's NAV

### Response: The shares first slipped into the discount category in February 2021 primarily due to alternatives like ETFs becoming available in Canada and Europe.