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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 13, 2022 11:28am
114 Views
Post# 35168529

The Dow Has Given Up All Its CPI-Spike Gains...

The Dow Has Given Up All Its CPI-Spike Gains...https://www.zerohedge.com/markets/dow-has-given-all-its-cpi-spike-gains

The Dow Has Given Up All Its CPI-Spike Gains...

by Tyler Durden

Tuesday, Dec 13, 2022 - 10:46 AM

US equity markets have been fading from just before the US equity open and The Dow has now erased all of the post-CPI spike gains...



For now, the dollar, bonds, gold, and crypto have seen no such reversal of their moves.
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