Here's Why Grayscale Bitcoin Trust Was Rising Monday

The stock market was nearly flat on Monday, with the Dow Jones Industrial Average in the red, and both the S&P 500 and Nasdaq Composite higher by less than 1% as of 3 p.m. EDT.

However, Grayscale Bitcoin Trust (OTC: GBTC) is a standout, with shares higher by nearly 10% and reaching a fresh 52-week high.

Image source: Getty Images.

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Source Fool.com