Bitcoin Investment Trust is a private, open ended trust that is invested exclusively in bitcoin and derives its value solely from the price of bitcoin. It enables investors to gain exposure to the price movement of bitcoin without the challenge of buying, storing, and safekeeping bitcoins. The BIT s sponsor is Grayscale Investments, a wholly owned subsidiary of Digital Currency Group. As of January , , each BIT share represents ownership of . bitcoins. The trust will not generate any income and regularly sells/distributes bitcoins to pay for its ongoing expenses. Therefore, the amount of bitcoin represented by each share gradually declines over time.
Quote | Bitcoin Investment Trust (OTCMKTS:GBTC)
Last: | $40.496 |
---|---|
Change Percent: | 2.03% |
Open: | $38.21 |
Close: | $40.496 |
High: | $41 |
Low: | $37.55 |
Volume: | 15,328,891 |
Last Trade Date Time: | 01/10/2024 03:00:00 am |
News | Bitcoin Investment Trust (OTCMKTS:GBTC)
2024-07-01 14:20:00 ET Summary Every multi-year bull market in U.S. history eventually becomes overheated with above-average inflation. This is followed by a choppy, dramatic slowdown during which inflation unevenly declines while GDP growth decelerates and eventually goes negative. ...
2024-06-30 12:45:00 ET Summary We've hit the mid-year mark of 2024, and it's time to tally up our top 15 Crypto Predictions for 2024 that we outlined at the end of last year. From bitcoin’s price hitting all-time highs to Solana’s continued rise, our predictions have...
Message Board Posts | Bitcoin Investment Trust (OTCMKTS:GBTC)
Subject | By | Source | When |
---|---|---|---|
Great  | 09/23/2023 2:56:02 AM | ||
LOLLL! | KICK1 | investorshub | 07/04/2023 7:42:05 AM |
WHAAAAAT ?........So you (all) want me to offer | nowwhat2 | investorshub | 07/03/2023 11:42:04 PM |
BlackRock spot Bitcoin ETF filing names Coinbase as | KICK1 | investorshub | 07/03/2023 9:52:42 PM |
Yes! $G$BTC $BTC | KICK1 | investorshub | 07/03/2023 5:03:03 PM |
News, Short Squeeze, Breakout and More Instantly...
Bitcoin Investment Trust Company Name:
GBTC Stock Symbol:
OTCMKTS Market:
Nearly half of likely American voters think some of their future investment portfolio will include crypto 77% of likely American voters believe: ‘Presidential candidates should have an informed perspective on innovative technology, like AI or crypto’ STAMFORD, Conn.,...
STAMFORD, Conn., May 23, 2024 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world’s largest crypto asset manager*, today announced the creation and public launch of two new crypto investment trusts: Grayscale® Near Trust and Grayscale® Stacks Trust. “With contin...
2024-05-23 05:51:00 ET Exchange-traded funds (ETFs), or groups of individual stocks trading under a single ticker symbol, are meant to simplify investing. A few ETFs can diversify your investments in minutes, versus spending gobs of time screening and selecting dozens of individual companie...