The GBTC fund allows institutional investors to gain exposure to Bitcoin through a regulated traditional investment vehicle without directly buying, selling, or storing the asset. GBTC premium, source: Coinglass. Each GBTC share represents approximately 0.00095 BTC and tracks bitcoin’s market price .
Read moreHow is Grayscale Bitcoin Trust taxed?
The Trust is a grantor trust for U.S. federal income tax purposes. As a result, the Trust itself is not subject to U.S. federal income tax . Instead, the Trust’s income and expenses “flow through” to the Shareholders.
Read moreCan I invest with grayscale?
How to Invest in Grayscale Products. Grayscale’s publicly-quoted products can be purchased directly through your brokerage account . Accredited investors may also qualify for our private placement offerings.
Read moreIs Bitcoin a grayscale trust?
The Grayscale Bitcoin Trust (ticker: GBTC) is the largest publicly traded Bitcoin fund in the world with more than 700,000 investors and $24.1 billion in assets. It’s a private-placement trust that trades like a stock over the counter.
Read moreHow do I buy Grayscale Bitcoin Trust stock?
Go to CoinMarketCap and search for Grayscale Bitcoin Trust tokenized stock FTX. Tap on the button labeled “Market” near the price chart . In this view, you will see a complete list of places you can purchase Grayscale Bitcoin Trust tokenized stock FTX as well as the currencies you can use to obtain it.
Read more