Search results
29 sie 2023 · The Grayscale Bitcoin Trust (GBTC), which was launched in 2013, enables investors to trade shares in trusts that hold large pools of Bitcoin, with each share priced at near-enough the price of Bitcoin. As of August 2023, it has over $16 billion assets under management.
8 lut 2024 · The Grayscale Bitcoin Trust ETF (GBTC) is an exchange-traded fund that allows investors to indirectly invest in bitcoin but gain exposure to its price movements.
GBTC tracks the CoinDesk Bitcoin Price Index (XBX), which provides a USD-denominated reference rate for the price of spot Bitcoin. What is the difference in purchasing GBTC as opposed to purchasing Bitcoin outright?
3 wrz 2023 · But that’s not the case with shares of GTBC, because the trust charges an annual 2% management fee, and sometimes also a premium. That significantly increases the price of a GBTC share as compared to the market price of BTC while spot buying, or while buying shares of a Bitcoin ETF.
23 maj 2019 · The premium makes GBTC or another trust bought at a low premium a potentially profitable bet (even better than BTC or the other coin themselves). This is because if crypto goes up hard, which it sometimes does, the premium can expand and magnify your gains!
26 cze 2024 · The GBTC Premium/Discount to NAV refers to the difference between the market price of Grayscale Bitcoin Trust (GBTC) shares and the underlying Bitcoin's net asset value (NAV) per share. If GBTC shares are trading at a price higher than the NAV, it's said to be at a " premium."
13 paź 2023 · Grayscale's Bitcoin Trust (GBTC) has revolutionized cryptocurrency investing, providing a bridge to the Bitcoin market without the complexities of direct asset management. But what sets GBTC apart? Unlike some ETFs, it lacks a redemption mechanism, ensuring price stability and market consistency.
