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Grayscale Bitcoin Trust GBTC

Grayscale Bitcoin Trust (the Trust) is an investment vehicle. The Trust's purpose is to hold Bitcoins, which are digital assets that are created and transmitted through the operations of the peer-to-peer Bitcoin network, a decentralized network of computers that operates on cryptographic protocols. Its investment objective is for the value of the shares (based on Bitcoin per Share) to reflect the value of Bitcoin held by the Trust, determined by reference to the Index Price, less the Trust's expenses and other liabilities. The Trust's activities include issuing Baskets in exchange for Bitcoins transferred to the Trust; transferring or selling Bitcoins, Incidental Rights and IR Virtual Currency; transferring Bitcoins in exchange for Baskets surrendered for redemption; causing the Sponsor to sell Bitcoins, Incidental Rights and IR Virtual Currency on the termination of the Trust; and making distributions of Incidental Rights and/or IR Virtual Currency or cash from the sale thereof.


ARCA:GBTC - Post by User

Grayscale Bitcoin Trust
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Post by PressReleaseon Mar 16, 2023 4:30pm
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Post# 35343513

New Press Release - Grayscale Investments&#xAE; Provides Update on Distribution of Rights to Ethereum Proof of Work Tokens

New Press Release - Grayscale Investments&#xAE; Provides Update on Distribution of Rights to Ethereum Proof of Work Tokens
The firm continues to explore options to distribute rights to record date shareholders STAMFORD, Conn., March 16, 2023 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world’s largest digital currency asset manager and the sponsor of Grayscale Ethereum Trust (OTCQX: ETHE) and manager of Grayscale...read article.
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