Bullboard - Stock Discussion Forum 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... see more

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Grayscale Bitcoin Trust ETF > 500mm coming to grayscale

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Post by goldhenerybar on Nov 29, 2020 2:52pm

500mm coming to grayscale

a reported $5 billion fund
the Guggenheim Macro Opportunities Fund may seek investment exposure to bitcoin indirectly through investing up to 10% of its net asset value in Grayscale Bitcoin Trust (“GBTC”),
On Friday they filed an SEC amendment allowing them to invest up to 10% of their fund in $GBTC.
https://sec.report/Document/0001628280-20-016852/

Bitcoin Is Now Accepted By All Pizza Hut Outlets In Venezuela

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Comment by Lawyerup on Nov 29, 2020 6:04pm

Thanks Goldhenerybar. We should see a jump in price of GBTC on Monday. Looks like a bit of a correction is over and bitcoin is starting to move higher again. Cheers Charlie.

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Grayscale Bitcoin Trust ETF