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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

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America’s fifth-largest bank launches crypto custody service — Report

2021-10-05T17:20:00+01:00

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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

2021-08-26T12:38:27+01:00

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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

2021-08-17T09:42:48+01:00

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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

2021-08-14T20:26:26+01:00

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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

2021-07-30T15:30:48+01:00

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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

2021-07-27T13:09:48+01:00

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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

2021-07-21T10:00:00+01:00

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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

2021-07-20T12:15:35+01:00

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