GBTC News

GBTC is the stock ticker of the Bitcoin Investment Trust (BIT) company, which has become the first public Bitcoin fund. GBTC's price directly depends on the increase in demand for GBTC, which — for its part — might be affected by BTC's price. That actually happened when BIT was launched and the BTC price increased 20 percent. The first official announcement about the appearance of BIT was made in 2015. Fund BIT was founded in 2013 by founder and CEO of Digital Currency Group, Barry Silbert. BIT has become the first fund that trades Bitcoin in a public exchange and has obtained the necessary agreements from regulatory organs and received the official Bitcoin Investment Trust GBTC ticker. GBTC of Bitcoin Investment Trust is an important step on the way to the massive acceptance of cryptocurrency.
Markets News
What was once a major bearish narrative exits via the tradesman’s entrance after failing to have any impact on Bitcoin markets.
Grayscale Bitcoin Trust FUD is now over as the last GBTC unlock totals just 58 BTC
William Suberg
2021-08-26T12:38:27+01:00
12497
Markets News
There’s no doubting the BTC price upside, but under the hood, all is not what it seems, one analyst highlights.
3 ways this Bitcoin bull run is different than late 2020
William Suberg
2021-08-17T09:42:48+01:00
31849
News
The Grayscale Bitcoin Trust, which trades under the ticker symbol GBTC, is being snatched up by institutional managers looking for more traditional exposure to ...
Wealth managers gain exposure to Bitcoin via Grayscale, according to new SEC filings
Sam Bourgi
2021-08-14T20:26:26+01:00
16153
Markets News
Wealthfront users will now be able to have up to 10% of their portfolios composed of the Grayscale Bitcoin and Ethereum Trusts.
$25B investment firm adds 'riskier' Grayscale GBTC and ETHE for clients
William Suberg
2021-07-30T15:30:48+01:00
8079
Markets News
Funds are flowing back into GBTC, data suggests, as CEO Sonnenshein reiterates plans to turn Grayscale crypto funds into ETFs.
GBTC premium matches Bitcoin price crash levels as unlocking fear fades
William Suberg
2021-07-27T13:09:48+01:00
16151
Markets News
Even if unlocking events were able to directly spark Bitcoin sell-offs, the worst is easily over, data shows.
Sunday’s GBTC unlock held more shares than the remaining events combined
William Suberg
2021-07-21T10:00:00+01:00
10338
Markets News
Rothschild Investment Corp has bought more Bitcoin and Ether exposure via Grayscale despite the ongoing crypto market retreat.
Rothschild Investment Corp has increased its Bitcoin exposure by 300% since April
William Suberg
2021-07-20T12:15:35+01:00
27396
Market Analysis
The latest meltdown in BitFinex BTC shorts could follow up with a spike in spot Bitcoin bids, stated one analyst.
Bitcoin price set to rebound? BTC shorts on Bitfinex crash by 25% after record spikes
Yashu Gola
2021-07-17T15:46:39+01:00
31676

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