Do you have to hold GBTC for 6 months?

Due to the nature of the Grayscale Bitcoin Trust, institutional investors who buy the fund directly must hold the shares for six months before selling on the secondary market . July 17 is one of the largest days of the unlock period, with 16,240 bitcoin worth of GBTC becoming available to trade, according to Bybt.com.10 Tem 2021

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What is grayscale invested?

Grayscale’s other single-asset investment products provide exposure to Bitcoin (BTC), Basic Attention Token (BAT), Bitcoin Cash (BCH), Chainlink (LINK), Decentraland (MANA), Ethereum (ETH), Ethereum Classic (ETC), Filecoin (FIL), Litecoin (LTC), Livepeer (LPT), Stellar Lumens (XLM), Zcash (ZEC), and Horizen (ZEN).

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What does grayscale trust do?

Grayscale Bitcoin Trust (BTC) (Trust) is an investment vehicle. The Trust’s purpose is to hold Bitcoins , which are digital assets that are created and transmitted through the operations of the peer-to-peer Bitcoin Network, a decentralized network of computers that operates on cryptographic protocols.

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What does grayscale Crypto do?

With $37 billion in assets, the Grayscale trust is the world’s largest Bitcoin fund . It towers over every other fund on the market. Its next-closest rival, the ProShares Bitcoin Strategy (BITO) exchange-traded fund, has racked up $1.3 billion in assets since launching in October.

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