# Institutions rushing into $19K Bitcoin as GBTC premium hits 6-month high
“# Institutions rushing into $19K Bitcoin as GBTC premium hits 6-month high ” The demand for the Grayscale Bitcoin Trust (GBTC) continues to rise with its premium surpassing 30% on Dec. 3. This indicates that Bitcoin (BTC) is seeing increasing institutional demand as its price consolidates above $19,000. The Grayscale Bitcoin Trust is an institutional…