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 |
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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)
2024-04-24 08:20:00 ET Summary The bitcoin halving event occurs roughly every four years, reducing the newly issued bitcoin supply by half. This has historically been associated with a rising price. The halving reduces the block reward for miners, but our focus remains on sources ...
STAMFORD, Conn., April 23, 2024 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world’s largest crypto asset manager, today announced it filed a registration statement on Form S-3 (the “Form S-3”) with the U.S. Securities and Exchange Commission (“SEC”) to ...
Message Board Posts | Bitcoin Investment Trust (OTCMKTS:GBTC)
Subject | By | Source | When |
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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 |
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The demand for Bitcoin spot exchange-traded funds (ETFs) continues to rebound, with significant inflows recorded on Tuesday. What Happened: This t...
STAMFORD, Conn., April 23, 2024 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world’s largest crypto asset manager, today announced it filed a registration statement on Form S-3 (the “Form S-3”) with the U.S. Securities and Exchange Commission (“SEC”) to ...
Bitcoin (CRYPTO: BTC) spot exchange-traded funds (ETFs) continued to attract investor interest on Monday, with $62.09 million in total net inflows....