
Grayscale to Convert Bitcoin Cash Trust Into NYSE Arca ETF
- —BCH surged over 30% in a session, from $270 to a peak above $350
- —The ETF conversion filing was amended on September 11, 2026
- —The trust's historical premium reached 1,852%, with a 59% discount at the low
- —Shares traded at $1.96 on September 9, a 5% discount to NAV
Why it matters: The conversion would close the long-standing gap between share price and NAV, as happened with GBTC, giving institutional investors direct access to BCH.
Source: Journal du Coin