Grayscale Bitcoin Trust (GBTC): All You Need to Know
Sep 4, 2023
11 min read
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Detailed Summary
Grayscale® Bitcoin Trust (GBTC), an investment trust that’s traded publicly on the stock market, is a great option for individuals, companies and institutions unfamiliar with the crypto market who want to invest in Bitcoin without directly managing it.
But is it a good investment option for everyone else? Are you missing out if you haven’t invested in it yet? Are there drawbacks that might deter some people from buying Grayscale?
In this article, we’ll answer these questions and more.
Key Takeaways:
- Grayscale Bitcoin Trust (GBTC) is the world’s largest Bitcoin fund.
- Grayscale recently won its court battle against the SEC regarding its attempt to convert GBTC into a Bitcoin spot ETF.