GBTC Discount Narrows, Uniswap Turns on Fee Switch for Equity Holders

Oct 17, 2023
Market Update Retail sales outperformed expectations, registering a 0.7% increase compared to the projected 0.3%. This briefly caused yields to soar before partially retracing. Concurrently, the DXY turned negative for the day, while Fed funds futures remained relatively stable, awaiting the next meeting. In crypto, $BTC regained its 200-day moving average, stabilizing around $28.5K after a short-lived rally past $30K. Most altcoins trailed behind Bitcoin, except for Solana ($SOL), which is nearing $24. The $ETH / BTC pair is approaching its 200-week moving average, a development that could a

Unlock this article with a FREE 30-Day Trial!

An FSI Pro, or FSI Crypto subscription is required in order to access this content.

*Free trial available only on a monthly plan

Articles Read 2/2

Keep reading by starting your Free Trial today!

You are reading the last free article.

Already have an account? Sign In

FS Insight footer logo

150 East 52nd St, 3rd Floor New York, NY 10022

SUBSCRIBE TO OUR FREE RESEARCH REPORTS

An institutional-grade report delivered to your inbox every week.

© 2025 FS Insight. All rights reserved.

Illustrations by Karl Wimer.