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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 thegreenmile656on Dec 09, 2022 4:23pm
77 Views
Post# 35162706

Stocks, Bonds, & Oil Battered In Ugly Week Ahead Of Fed

Stocks, Bonds, & Oil Battered In Ugly Week Ahead Of Fedhttps://www.zerohedge.com/markets/bonds-stocks-black-gold-battered-week

Stocks, Bonds, & Black Gold Battered In Ugly Week Ahead Of Fed

by Tyler Durden

Friday, Dec 09, 2022 - 04:00 PM

Finally, will we get a sense of deja vu all over again next week when The Fed hikes?



Source: Bloomberg

Would that kind of downsing be enough to tighten financial conditions and allow Powell to lift his boot from the market's neck?
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