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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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Post by whytestockson Jan 26, 2024 1:30pm
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Post# 35847421

Bitcoin Pressure Eases As Profit-Taking Party Winds Down, JP

Bitcoin Pressure Eases As Profit-Taking Party Winds Down, JP
NEWS: $GBTC Bitcoin Pressure Eases As Profit-Taking Party Winds Down, JPMorgan Examines GBTC | BenzingaThe Grayscale Bitcoin Trust (OTC: GBTC) has likely experienced the majority of its profit-taking, suggesting a potential reduction in downward pres...GBTC - Bitcoin Pressure Eases As Profit-Taking Party Winds Down, JPMorgan Examines GBTC | Benzinga

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