Sentences with phrase «grayscale bitcoin»

The massive gains in the GBTC (Grayscale Bitcoin Investment Trust) share value this year (508 percent) are not enough to get it through approval with the Security and Exchange Commission (SEC) for trade on the New York Stock Exchange's Arca exchange.

Grayscale Bitcoin Investment Trust (OTCQX: GBTC)-- The investment trust holds bitcoins and can be traded on your typical broker.

Some investors are paying an almost 75 % premium just for exposure to Bitcoin and this relates to Grayscale Bitcoin Trust, the only exchange traded Bitcoin product on the market today.

Up until now, their options were limited to the Grayscale Bitcoin Investment Trust (GBTC), which frequently trades at a 30 % to 80 % premium to actual Bitcoin.

Grayscale Bitcoin Investment Trust has made its shares vastly more accessible through its decision to split each one into 91 parts.

Grayscale Bitcoin Investment Trust (GBTC) owns 0.09 bitcoin for each one of its shares, with its value seeking to imitate that of bitcoin's.

The decision taken by Merrill Lynch prevents roughly 17,000 advisors pitching anything to do with Bitcoin or even executing clients» request to trade Grayscale Bitcoin Investment Trust (GBTC).

Funds like the Grayscale Bitcoin Investment Trust were intended to allow traditional investors to achieve exposure to Bitcoin, but now those traditional investors are blocking the ability to pursue such options.

Safety, security, and basic Bitcoin insurance matters are discussed relative to Coinbase, Xapo and Grayscale Bitcoin Investment Trust.

He has set his sights on the Grayscale Bitcoin Investment Trust, a US - listed investment vehicle that owns more than 170,000 bitcoins.

There is the Grayscale Bitcoin Investment Trust, which acts like a closed - end fund holding coins, verifying their authenticity and arranging storage and security.

Grayscale's Bitcoin Investment Trust (BIT), traded under the ticker Grayscale Bitcoin Trust (GBTC), is an already - existing exchange - traded product, however, it is not an ETF.

Grant is also fresh off taking a critical look at the Grayscale Bitcoin Investment Trust (GBTC).

Grayscale bitcoin also launched new crypto investing products Tuesday.

Not exact matches

GBTC bills itself as the first publicly traded security «solely invested in and deriving value from the price of bitcoin,» according to trust creator Grayscale.

There is one product that currently gives U.S. investors access to the bitcoin market — the Bitcoin Investment Trust (GBTC), managed by Grayscale Invesbitcoin market — the Bitcoin Investment Trust (GBTC), managed by Grayscale InvesBitcoin Investment Trust (GBTC), managed by Grayscale Investments.

The ban prevents the financial giant's roughly 17,000 advisors from pitching investments related to bitcoin and executing client requests to trade Grayscale's bitcoin investment trust (GBTC), the newspaper said, citing a person familiar with the matter.

The ban prevents the financial giant's roughly 17,000 advisors from pitching investments related to bitcoin and executing client requests to trade Grayscale's bitcoin investment trust (GBTC), The Wall Street Journal said, citing a person familiar with the matter.

The Bitcoin Investment Trust trades under the ticker symbol GBTC and is managed by Grayscale Investments, a subsidiary of Barry Silbert's Digital Currency Group.

ETHNews will also be following the results of the SEC's decision as to the other bitcoin ETF proposals from SolidX and Grayscale.

Grayscale, a subsidiary of Digital Currency Group, allows for bitcoin trading and charges a 2 percent expense ratio for facilitating investable access to bitcoin.

Joining the list includes Grayscale's Bitcoin Investment Trust and the SolidX Bitcoin Trust (XBTC).

The SEC will soon decide whether to approve the Winklevoss Bitcoin Trust along with proposals from SolidX and Grayscale.

Grayscale Investments LLC's Bitcoin Investment Trust, backed by early bitcoin advocate Barry Silbert and his Digital Currency Group, filed an application lasBitcoin Investment Trust, backed by early bitcoin advocate Barry Silbert and his Digital Currency Group, filed an application lasbitcoin advocate Barry Silbert and his Digital Currency Group, filed an application last year.

What Happened Grayscale said it's launching a Bitcoin Cash Investment Trust, an Ethereum Investment Trust, a...

Grayscale Investments have the Bitcoin Investment Trust.

Officially called the Digital Large Cap Fund, Grayscale's newest investment vehicle provides direct exposure to bitcoin, Ethereum, Ripple XRP, bitcoin cash and Litecoin.

Grayscale's Bitcoin Investment Trust (GBTC).

However, this seems to have little or no impact, as the risk of buying and securing Bitcoin will be managed by Grayscale Investments.

Grayscale's Bitcoin Investment Trust (GBTC) is being reviewed and a decision is due by September 22, 2017.

Digital Currency Group company Grayscale Investments, the New York - based operator of the Bitcoin Investment Trust officially announced today the live launch of the Ethereum Classic Investment Trust.

Grayscale Investments, LLC, a digital currency investing authority, launched four new investment products including Bitcoin Cash Investment Trust, Ethereum Investment Trust, Litecoin Investment Trust and XRP Investment Trust.

Read more in: Blockchain & Digital Currency, Fintech, General News Tagged barry silbert, bitcoin, bitcoin cash investment trust, crypto, ethereum, ethereum investment trust, grayscale, litecoin, litecoin investment trust, michael sonnenshein, ripple, tradeblock, xrp investment trust

Grayscale has already introduced the first Bitcoin Investment Trust.

Intercontinental Exchange's NYSE Arca exchange on Wednesday withdrew an application with the U.S. Securities and Exchange Commission (SEC) to list Grayscale Investments» Bitcoin Investment Trust.

Grayscale Investments, the investment management subsidiary of the Barry Silbert - led Digital Currency Group, established the Bitcoin Investment Trust (BIT) in 2013, hoping to provide investors with the opportunity to invest in the digital currency bitcoin without having to purchase and securely store the digital currency themBitcoin Investment Trust (BIT) in 2013, hoping to provide investors with the opportunity to invest in the digital currency bitcoin without having to purchase and securely store the digital currency thembitcoin without having to purchase and securely store the digital currency themselves.

On January 20, 2017, Grayscale Investments LLC filed for an initial public offering (IPO) for its Bitcoin Investment Trust to be listed on the NYSE Accra exchange in an attempt to bring bitcoin investing to the masses through a publicly tradable investment vehicle in the form of a newBitcoin Investment Trust to be listed on the NYSE Accra exchange in an attempt to bring bitcoin investing to the masses through a publicly tradable investment vehicle in the form of a newbitcoin investing to the masses through a publicly tradable investment vehicle in the form of a new stock.

Grayscale suggests that this innovation improves upon the Bitcoin blockchain which, in contrast, leaves all those data visible.

Unlike Grayscale's previous funds, which focus on bitcoin, ethereum classic and zcash, the offering, formally called the Digital Large Cap Fund, is designed to give investors exposure to the five largest cryptocurrencies based on market capitalization.

Grayscale Investments, part of the Digital Currency Group and the pioneer of a Bitcoin - tracking index fund, also offers a more diversified cryptocurrency product, the Digital Large Cap Fund, which invests in the four cryptocurrencies in Coinbase's fund as well as Ripple's XRP.

Grayscale Investments, the company behind the Bitcoin Investment Trust and the Ethereum Classic Investment Trust announced today the launch of its third investment vehicle, the Zcash Investment Trust.

Grayscale Investments, the sponsor of the Bitcoin Investment Trust, the Ethereum Classic Investment Trust, and the Zcash Investment Trust, announced today the launch of a new investment vehicle, the Grayscale Digital Large Cap Fund.

Included in the ban is the Grayscale Investment Trust Bitcoin fund that is invested exclusively in Bitcoin and Bitcoin futures, which launched just weeks ago on CME, the world's largest futures exchange.

Grayscale's Bitcoin Investment Trust, a closed - end bitcoin fund, has lost nearly half of its value over the past two weeks, after falling a further 10 % on Thursday amid a precipitous plunge in the value of its underlyingBitcoin Investment Trust, a closed - end bitcoin fund, has lost nearly half of its value over the past two weeks, after falling a further 10 % on Thursday amid a precipitous plunge in the value of its underlyingbitcoin fund, has lost nearly half of its value over the past two weeks, after falling a further 10 % on Thursday amid a precipitous plunge in the value of its underlying asset.

The ban extends to clients trading in Grayscale's Bitcoin Investment Trust, a fund led by...

In addition to futures contracts, Grayscale operates the Bitcoin Investment Trust (GBTC), which recently launched a 91 - for - 1 stock split.

Grayscale Investments, the creator of the Bitcoin Investment Trust, is launching four new trusts for ethereum, litecoin, XRP and bitcoin cashBitcoin Investment Trust, is launching four new trusts for ethereum, litecoin, XRP and bitcoin cashbitcoin cash today.

On January 20, 2017, Grayscale Investments LLC filed for an initial public offering (IPO) for its Bitcoin Investment Trust to be listed on the NYSE Accra exchange in an attempt to bring bitcoin investing to the masses through a publBitcoin Investment Trust to be listed on the NYSE Accra exchange in an attempt to bring bitcoin investing to the masses through a publbitcoin investing to the masses through a publicly...

The new trusts - which bring ethereum, litecoin, XRP and bitcoin cash to the offerings the firm provides - join Grayscale's existing bitcoin, ethereum classic and zcash investment trusts, as well as its Digital Large Cap Fund, a multi-crypto investment fund announced last month.

Officially called the Digital Large Cap Fund, Grayscale's newest investment vehicle provides direct exposure to bitcoin, Ethereum, Ripple XRP, bitcoin cash and Litecoin.