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Following the recent spike in bitcoin trading volume and price, shares of Grayscale Investment’s Bitcoin Investment Trust (BIT) surged to US$32 per share, marking a 10.92% increase over the past few days
LA-based financial services and investment firm Wedbush Securities released a report in which it predicts that bitcoin will trade for US$400 by next year.
Bitcoins can now be traded on the public markets. After a long wait, Grayscale Investment’s Bitcoin Investment Trust (BIT) received formal approval on March 26 and began trading in May with the ticker GBTC.
The publicly traded shares of the Bitcoin Investment Trust have officially started trading on the public markets, Bitcoin startup Case has launched its Bitcoin hardware wallet on-stage at TechCrunch Disrupt NY, and more news.
Barry Silbert’s Bitcoin Investment Trust, the eagerly awaited gateway to opening up Bitcoin investment to major markets, has gone live, beating out the Winklevoss twins’ Bitcoin ETF.
Barry Silbert continues to shock his fans with the bold moves that made him one of the shrewdest Bitcoin investors in the world.
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