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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.
Analysis
Merrill Lynch concerned over Bitcoin’s “suitability and eligibility” in its ban for advisors
Wall Street Buzz: Merrill Lynch Bans Bitcoin For Its Clients
Darryn Pollock
2018-01-04T16:30:00+00:00
43446
Adoption
Simple Bitcoin investments have to wait as NYSE trading application withdrawn.
No Bitcoin For The People Yet As GBTC Withdraws SEC Application
Jon Buck
2017-09-28T13:45:00+01:00
13748
Cryptocurrency owes its present success to its multidisciplinary nature. Here’s who we have to thank.
Bitcoin Owes Success to Three Different Waves of Innovators
David Dinkins
2017-09-11T15:10:00+01:00
39259
Bitcoin maintains lead over the competition, but altcoins have one significant advantage.
Altcoins Use Bitcoin Ecosystem to Leapfrog Forward, Grow Faster
David Dinkins
2017-09-11T07:05:00+01:00
22563
The Bitcoin Investment Trust (GBTC) is currently trading at $927 per share. It represents a price of $10,000 per Bitcoin, almost 120 percent premium on the curr...
Bitcoin Price at $10,000 For GBTC Shares, Trading at 120 Percent Premium
Jon Buck
2017-08-31T09:00:00+01:00
63761
Despite a few scaling issues with Bitcoin, it is still considered as one of the leading and easily recognizable cryptocurrencies today as investors are having m...
Why Bitcoin Continues to be on The Top of Its Game
Lisa Froelings
2017-08-24T00:36:00+01:00
34041
The demand toward Bitcoin is also increasing at a rapid rate in the public stock markets. Some ETFs and instruments including Bitcoin Investment Trust are being...
Bitcoin is Trading at Extreme Premium in Stock Market
Joseph Young
2017-07-28T18:47:00+01:00
32923
Rothschild Investment Corp. Buys into BTC Per SEC.
Rothschild Inv. Corp Invests in BTC Per SEC
Jon Buck
2017-07-23T11:12:00+01:00
93180

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