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Grayscale Bitcoin Trust and its ties to crypto meltdowns

Grayscale Bitcoin Trust and its ties to crypto meltdowns

The Grayscale Bitcoin Trust (GBTC) provides a way for investors to gain exposure to bitcoin, without having to own bitcoin.

Cryptocurrency news by Protos · Protos

November 23, 20226m 38s

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Show Notes

The Grayscale Bitcoin Trust (GBTC) is an over-the-counter (OTC) traded fund meant to track the price of bitcoin. Grayscale Investments is owned by Barry Silbert's crypto mammoth Digital Currency Group (DCG), which also owns beleaguered crypto trading and lending firm Genesis.

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