Ad
related to: 10 year chart of gbtc today value
Search results
Results From The WOW.Com Content Network
Grayscale was founded in 2013, launching a bitcoin trust that year. [4] In 2015, the company became a subsidiary of Digital Currency Group. [5] The same year, Grayscale Bitcoin Trust (OTCQX: GBTC) began trading over-the-counter on the OTCQX market, becoming the first publicly traded bitcoin fund in the United States.
As of Wednesday, GBTC traded at a 35.7% discount to the value of its bitcoin holdings, according to data from YCharts. That's up from a discount closer to 45% at the start of this month.
For premium support please call: 800-290-4726 more ways to reach us
Digital Currency Group was launched in 2015 by Barry Silbert, the former CEO of SecondMarket, Inc. He began investing in blockchain technology companies in 2013. [3] Shortly after SecondMarket's sale, Silbert formed Digital Currency Group, with Genesis and Grayscale becoming the first of the company's subsidiaries.
Since the approval, competitors BlackRock's iShares Bitcoin ETF and Fidelity Wise Origin Bitcoin Fund have recorded inflows of $10.59 billion and $6.37 billion, respectively.
GBTC may refer to: Grayscale Bitcoin Trust; Greater Boston Track Club This page was last edited on 19 January 2024, at 20:20 (UTC). Text is available under the ...
For premium support please call: 800-290-4726 more ways to reach us
The price fell 15% in a few minutes, but soon mostly recovered. [152] As of early 2015, they have announced plans to launch a New York-based bitcoin exchange named Gemini, [153] which has received approval to launch on 5 October 2015. [154] On 4 May 2015, Bitcoin Investment Trust started trading on the OTCQX market as GBTC. [155]