Citron Research Negative Again on Bitcoin Investment Trust (GBTC)

Citron Research again cautious on Bitcoin Investment Trust (OTC: GBTC), says shorting and buying bitcoin futures.

Citron would not be pounding table if not appropriate. Now with the launch of CME futures, BTC positions can be hedged for 10% premium of spot while $GBTC is trading at 80%. Who cares where bitcoin goes..thank you for the 70% profit. Shorting More $GBTC and buying futures pic.twitter.com/JPr7fN8mSY

— Citron Research (@CitronResearch) December 18, 2017

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