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Grayscale Bitcoin Trust ETF 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 ETF
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Comment by fatcharlieon Sep 03, 2017 11:53am
72 Views
Post# 26651874

RE:RE:RE:RE:$4469 BTC all time high

RE:RE:RE:RE:$4469 BTC all time highYup looks like you made the right decision.  Marketplace report on GBTC was pretty damaging.  I might be pulling the plug soon also and revert to just buying bitcoin itself once I get more comfortable with a play account.
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