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Grayscale launched an investment vehicle for a little-known cryptocurrency

grayscale launched an investment vehicle for a little-known cryptocurrency

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A new cryptocurrency investment vehicle is now on the market with the launch of a new product from DCG-subsidiary Grayscale. Grayscale Bitcoin Trust (BTC) (the �Trust�) has filed a registration statement (including a prospectus) with the SEC for the offering to which. The Grayscale Bitcoin Trust (GBTC) allows investors to access bitcoins through a traditional investment vehicle. Initially launched in , the trust was.
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Unlike direct investments in bitcoin, which require a good understanding of blockchain technology and cryptocurrency exchanges, GBTC allows investors to trade shares in traditional brokerage accounts. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.