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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

Post by goldhenerybaron Nov 20, 2020 7:23pm
747 Views
Post# 31945730

for the week 20,336.39

for the week 20,336.39
Gbtc
for the week 20,336.39

nov 16  3152.94 ave price 16,399.47
nov 17  3811.79 ave price 17,240.29
nov 18  1772.76 ave price 17,860.89
nov 19  1049.25 ave price 17,830.33
nov 20 10549.65 ave price 18,335.33   added at 18.3 ?

---------
this mounth so far 45,775 btc added in 18 days
date    units      btc/per
201102 504605900  0.00095320  480990
201120 553173000  0.00095226  526765
18 cal days ave 2543.05 per day
16,200 produced 18 days  45,775 bought  (2.82X)

fund value 201120 9,658,400,580.00
fund value 201102 6,524,554,287.00
fund value aug 14  4,877,219,212.00

-------------------
supply and demand.
---------

would like to track outher etfs many are private.
this one bought 415 today,
outher is  btc fund (the bitcoin fund)
QBTC.U, QBTC
201113 Units Outstanding: 9,450,959 BTC per Unit: 0.001128  10,660.68
201116  Units Outstanding 9,471,557 BTC per Unit: 0.001125  10,655.50
201117  Units Outstanding 9,472,888 BTC per Unit: 0.001125  10,656.99  
201119  Units Outstanding 9,472,888 BTC/Unit 0.001125       10,656.99
201120  Units Outstanding 12,345,834 BTC/Unit 0.001115      11,072 btc
201120 bought 415 btc

as of nov 19 looks like they have not started buying  btc for $ raised nov 17.
the week between nov 10 and nov 17 money raised increased 3x.
56 million USD  should buy perhaps 3000 btc or so.
if this is filled coming week, 900x7 6300 produced.

Toronto, Nov. 17, 2020 (CNW) — (TSX: QBTC, QBTC.U) The Bitcoin Fund (the “Fund”) is

pleased to announce a successful overnight treasury offering of 2,850,000 Class A units

(the “Class A Units”). Gross proceeds of the offering are expected to be approximately

C$75.6 million.  x .75 56,700,000 USD                                                    

      
Toronto, Nov. 10, 2020 (GLOBE NEWSWIRE) — (TSX: QBTC, QBTC.U) The Bitcoin Fund (the

“Fund”) is pleased to announce that it has completed the previously announced treasury

offering of Class A units (the “Class A Units”) raising gross proceeds of C$25,200,000.

x.75
 



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