Things To Know About The Bitcoin Trust Before Investing 

  • When buying Bitcoin with mutual funds and ETC, there are not many indirect ways to own digital currency.
  • Investors should know that they will always have limited options to get exposure to digital currency via the stock market. 

So, in this content piece, people will learn about the Bitcoin Trust. And, while the trust closely mirrors the performance of Bitcoin, the GBTC stock price is something that tends to over- or undershoot the coin’s performance based on investor sentiment. Also, Grayscale Bitcoin Trust (GBTC) is completely different from buying the actual coin through Binance or any other exchange for informational purposes. 

What Is The Grayscale Bitcoin Trust?

Now, it is very important to note that GBTC is the ticker symbol for the Bitcoin Investment Trust. This is a trust that is run by Grayscale, which holds 638,906,600 shares. People need to ensure that all these shares represent 0.00094950 BTC per share. This is the data as of January 2021. 

So, it should be noted that the Grayscale Bitcoin Trust (GSBT) is the world’s largest Bitcoin fund and the first investment vehicle of its kind to report financials regularly to the US Securities and Exchange Commission. 

All the GBTC shares are nothing but a part of a range of traditional financial products that track cryptocurrency prices offered by Grayscale Investments. Grayscale Investments is now one of the world’s most prominent digital asset management firms, along with part of the Digital Currency Group (DCG) and CEO Barry Silbert. 

Can Anyone Purchase Bitcoin From A Bitcoin Trust?

Now, it is very important to note that the GBTC is not a borrowed Bitcoin platform but it is the platform that always exposes investors to Bitcoin markets to see how it feels and experience the price swings. 

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Also, people are the ones who can do anything but they are the ones who will not be able to buy Bitcoin from Grayscale directly. 

GBTC Is For Whom? Who Can Invest In It?

Now, people need to make sure that anyone can purchase secondary market GBTC shares using different platforms. However, it is very important to note that only accredited investors can participate in the daily private placements. 

Many companies have filed to release the first US Bitcoin ETF with the SEC, which has continually put off decisions. Also, with the need for cryptocurrency regulation, SEC chairman Gary Gensler is the one who is seeking greater investor protections for every investor and trader.


So, last but not least, trading GBTC like Litecoin Trust always means paying a premium for quick, limited trading. Also, people need to make sure that they remain cautious and do not invest their life savings. There is also some sound investment advice that should be followed. 

Moreover, there is no doubt that GBTC was overpriced in early 2017, but at the same time, it could change. No worries; still, people can make money on an overpriced asset, as there are no rules that say one can’t.

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