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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.

Top News

Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?

'Much ow' ahead? Dogecoin chart fractal puts Shiba Inu's 390% QTD rally in danger

Shiba Inu rebounds 40% despite major selling by SHIB whales

One currency to rule them all: Facebook’s Diem has global ambitions

Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days

Wilshire tells Cointelegraph how its publicly listed Bitcoin fund will differ from other U.S. competition.

Exclusive: Wilshire Differentiates its Fund From Grayscale, Says 'Investors Deserve More'

2020-06-13T20:28:00+01:00

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Investment firm Wilshire Phoenix just filed with the SEC for a tradeable Bitcoin fund similar to the Grayscale Bitcoin Trust.

Wilshire Phoenix Files With SEC for Publicly Traded Bitcoin-Backed Fund

2020-06-12T22:20:00+01:00

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Institutional interest in Bitcoin is experiencing an unprecedented surge, with GBTC alone swallowing up 17% of newly mined Bitcoins.

Institutional Investors Buying Up BTC Like Crazy After Halving

Michael Kapilkov

2020-05-22T20:31:00+01:00

22067

Market Analysis

The premium on Grayscale Bitcoin Trust shares has dropped despite the recent recovery in the Bitcoin price. Is this a bearish sign?

What Does Grayscale’s GBTC Falling Premium Tell us About Bitcoin Price?

António Madeira

2020-04-17T23:25:00+01:00

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Data from Charles Schwab makes it clear that Bitcoin is considered one of the most viable investment opportunities by the younger generation.

Millennials Prefer Bitcoin to Alibaba, Netflix Stock as GBTC Hits $10K

2020-01-29T12:58:00+00:00

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Publicly traded Bitcoin fund Grayscale Bitcoin Trust filed a form with the United States SEC to become the first crypto fund to report to the regulator.

Grayscale Files Form to Become First Bitcoin Fund to Report to SEC

Adrian Zmudzinski

2019-11-19T16:10:00+00:00

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The precious metal has gained 27.5% since Grayscale rebranded its website urging investors to dump gold for Bitcoin.

GBTC ‘Drop Gold’ Campaign Perfectly Called Gold Price Bottom

2019-08-26T11:21:00+01:00

12026

American digital asset manager Grayscale Investments introduced its pro-bitcoin advertising initiative “Drop Gold.”

Grayscale to Launch Pro-Bitcoin Ads ‘Drop Gold’ on Social Media, Linear TV

2019-05-01T16:29:00+01:00

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