Grayscale Investments LLC

NYSE ARCA: GBTC
$60.43
-$0.17 (-0.3%)
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Asset Type ETF
Exchange NYSE ARCA
Grayscale Bitcoin Trust (BTC), managed by Grayscale Investments LLC, is a digital currency investment fund focusing on Bitcoin. It primarily invests in Bitcoin and Bitcoin-related derivatives like futures and swaps. The goal is to mirror the performance of the TradeBlock XBX Index. Established in 2013 and based in the United States, this fund offers investors exposure to Bitcoin's price movements without the need to directly buy or store Bitcoin.

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The U.S. SEC grudgingly approved applications from 11 investment firms seeking to offer spot Bitcoin ETFs. Let the good times roll.