Top 10 Grayscale Bitcoin Trust Reddit Answers

Contents

1 Is it wrong to recommend Grayscale Bitcoin Trust? – Reddit

Is it wrong to recommend Grayscale Bitcoin Trust? – Reddit

7 days ago — Can confirm. I bought GBTC at a 14 percent premium, sold at a 25 percent discount. Never again. With Grayscale, you are not getting cheap BTC, …⁽¹⁾

Jan 18, 2022 — “The Grayscale Bitcoin Trust is now at a record 27% discount to NAV. @CNBC viewers who got suckered into buying $GBTC based on a massive …⁽²⁾

Jan 15, 2022 — To cap it off, Grayscale’s BTC Trust is trading at a ~ 25% discount to the underlying Bitcoin held. This is due to the shares tracking supply / …⁽³⁾

Dec 21, 2020 — Yes, GBTC comes with additional costs like premium and annual fees, but to many people who have only owned stocks throughout their lives that’s …⁽⁴⁾

Aug 15, 2021 — It gives institutional money a trusted source to get exposure to the market without actually owning it necessarily with tax advantages. The …⁽⁵⁾

17 votes, 37 comments. Paint me stupid but does anyone have a firm grasp on how Grayscale Bitcoin Trust works? Here’s a 101 from Decrypt: [link here]…⁽⁶⁾

1.1K votes, 362 comments. Ref: https://www.barrons.com/articles/grayscale-bitcoin-trust-fund-etf-price-51637689328 With $37 billion in assets, the…⁽⁷⁾

Jul 26, 2021 — Why shouldn’t the grayscale Bitcoin trust ($GBTC) be the only place you should buy Bitcoin if holding? $GBTC currently trades at around …⁽⁸⁾

Jan 21, 2022 — Peter Schiff: “Maybe the real reason that The Grayscale #Bitcoin Trust trades at a 28% discount to NAV is that you can’t buy it with #Tether …⁽⁹⁾

Jul 13, 2022 — In the case of Grayscale’s $12 billion Bitcoin Trust, what’s on sale … I’ve seen Twitter threads and Reddit message boards about the free …⁽¹⁰⁾

Grayscale Bitcoin Trust Stock Reddit threads and social sentiment. See what Reddit investors say about GBTC.⁽¹¹⁾

Grayscale® | A Leader in Digital Currency Investinghttps://grayscale.comhttps://grayscale.com⁽¹²⁾

May 17, 2022 — The Grayscale Bitcoin Trust is the world’s largest Bitcoin fund, enabling you to invest without having to actually buy BTC. Is it for you?⁽¹³⁾

Feb 14, 2022 — The Grayscale Bitcoin Trust is one of the easiest ways for crypto investors to hold Bitcoin without worrying about hackers.⁽¹⁴⁾

Crypto lender BlockFi stops accepting Grayscale Bitcoin Trust …

Jul 13, 2022 — SAN FRANCISCO (BLOOMBERG) – BlockFi unwound its positions in the Grayscale Bitcoin Trust (GBTC) as collateral and stopped accepting shares …⁽¹⁵⁾

GBTC Grayscale Bitcoin Trust Sues the SEC After … – YouTubehttps://www.youtube.com › watchhttps://www.youtube.com › watch⁽¹⁶⁾

Grayscale Bitcoin Trust (BTC) is offered by prospectus only. Read and consider the prospectus carefully before investing in any fund to ensure the fund is …⁽¹⁷⁾

Jul 2, 2022 — The fund has been tempting because it trades at a 31% discount to its underlying holdings. But the SEC denied a bid to convert the trust …⁽¹⁸⁾

2 days ago — Grayscale filed with the SEC on Oct. 19 last year to convert its flagship bitcoin trust (GBTC) into a bitcoin ETF.⁽¹⁹⁾

Jun 30, 2022 — Grayscale Sues SEC. The US Securities and Exchange Commission (SEC) has denied another application to launch a Bitcoin spot exchange-traded fund …⁽²⁰⁾

Jun 17, 2022 — The Grayscale Bitcoin Trust (GBTC), the largest Bitcoin investment vehicle, is now down 34% against Bitcoin (BTC)/USD on major exchanges.⁽²¹⁾

BITCOIN INVESTMENT TRUST. Sponsored by Grayscale Investments, LLC. (Exact Name of Registrant as Specified in Its Charter) …⁽²²⁾

Mar 29, 2022 — Grayscale has long been trying to convert its GBTC fund (Grayscale Bitcoin Trust) into a full-fledged ETF, but the SEC is opposed.⁽²³⁾

GBTC – Grayscale Bitcoin Trust tokenized stock FTX, Reddit …

GBTC – Grayscale Bitcoin Trust tokenized stock FTX, Reddit mentions in the last 24 hours; Analytics, Graphs, Posts and Mentions.⁽²⁴⁾

Find the latest Grayscale Bitcoin Trust (BTC) (GBTC) stock discussion in Yahoo Finance’s forum. Share your opinion and gain insight from other stock traders …⁽²⁵⁾

6 days ago — Real-time trade and investing ideas on Grayscale Bitcoin Trust GBTC from the largest community of traders and investors.⁽²⁶⁾

Jan 19, 2022 — One of the biggest casualties of the cryptocurrency selloff is the Grayscale Bitcoin Trust. The $27 billion fund (ticker GBTC) has plunged …⁽²⁷⁾

Jul 5, 2022 — As cryptocurrency prices plunged and funds failed, strict rules on risky … Grayscale, the cryptocurrency investment firm behind the fund, …⁽²⁸⁾

Feb 7, 2022 — In October, Grayscale Investments, a subsidiary of Barry Silbert’s Digital Currency Group, said it plans to convert its Grayscale Bitcoin Trust …⁽²⁹⁾

Dec 17, 2021 — – The U.S. Securities and Exchange Commission has delayed its decision on a spot bitcoin exchange-traded fund (ETF) proposal from Grayscale …⁽³⁰⁾

Sep 10, 2021 — Robinhood has revealed that its users can now carry out recurring crypto investments on its platform with as low as $1.⁽³¹⁾

Jan 21, 2022 — The Grayscale Bitcoin Trust (GBTC) has been trading at a steep … According to a post by tantra_labs on Reddit, the company had over $80 …⁽³²⁾

GBTC vs. Bitcoin: Which is Better?

Is Grayscale Bitcoin Trust the same as Bitcoin? What’s the difference between GBTC vs. Bitcoin? Learn more about GBTC Price vs BTC Price, GBTC chart vs.⁽³³⁾

May 31, 2022 — Grayscale Bitcoin Trust (GBTC) · This fund by Grayscale Investments · began trading in May 2015, and was one of the first securities to be solely …⁽³⁴⁾

… the parent company of Grayscale, announced Monday that it plans to buy an additional $500 million worth of Grayscale Bitcoin Trust (GBTC) shares.⁽³⁵⁾

Oct 28, 2021 — The two most popular products out there today are the Grayscale Bitcoin Trust (GBTC) and the new ProShares Bitcoin Strategy ETF (BITO).⁽³⁶⁾

Jul 15, 2021 — Grayscale Bitcoin Trust are unlocking 41000 bitcoin shares in … Despite what the painfully convicted Bitcoin Bros say on Twitter & Reddit, …⁽³⁷⁾

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous Rep…8/15/20223,837,400 shares$57.79 million‑0.8%7/31/20223,869,500 shares$57.27 million‑2.5%7/15/20223,968,400 shares$54.37 million+0.7%View 47 more rows⁽³⁸⁾

Grayscale Bitcoin Trust (BTC) Stock Forecast, GBTC stock price prediction. The best long-term & short-term Grayscale Bitcoin Trust (BTC) share price …⁽³⁹⁾

May 14, 2022 — Grayscale Bitcoin Trust (GBTC) has seen its discount touching to an all-time low of 30.79% this week as crypto market suffered one of the …⁽⁴⁰⁾

Jul 7, 2022 — Social media company Reddit is set to launch an NFT marketplace and issue some … Says Grayscale’s Unlock doesn’t Really matter for Bitcoin.⁽⁴¹⁾

The Problems With the World’s Biggest Bitcoin Fund

Nov 22, 2021 — Grayscale Bitcoin Trust and all other closed-end funds lack this flexibility. The only entity able to create and remove shares from the market …⁽⁴²⁾

Oct 9, 2017 — A distinguished Wall Street Strategist has created indexes to allow institutionalised investors to track cryptos.⁽⁴³⁾

Apr 19, 2021 — Evolve Funds Group is waiving the 0.75% management fee on its upcoming Ether ETF, ticker ETHR, until May 31.⁽⁴⁴⁾

Oct 28, 2021 — The president of El Salvador, Nayib Bukele, is on a Bitcoin buying spree. … was made due to a rebalancing of the country’s Bitcoin trust.⁽⁴⁵⁾

Apr 12, 2022 — BITO – ProShares Bitcoin Strategy ETF · GBTC – Grayscale Bitcoin Investment Trust · BITW – The Bitwise 10 Private Index Fund · BTCE – BTCetc …⁽⁴⁶⁾

Mar 5, 2021 — Grayscale Bitcoin Trust shares are currently trading cheaper than the Bitcoin they represent, signaling demand has gone elsewhere.⁽⁴⁷⁾

Feb 9, 2021 — On Tuesday, Grayscale Bitcoin Trust (OTC:GBTC) closed 4.84% higher at $47.90. Price Action: Tesla shares closed nearly 1.6% lower at $849.46 on …⁽⁴⁸⁾

Nov 1, 2021 — In 2013, it was hard to imagine that Bitcoin was going to be a global force to … one individual kept the flames of hope alive on Reddit.⁽⁴⁹⁾

Excerpt Links

(1)Is it wrong to recommend Grayscale Bitcoin Trust? – Reddit

(2)The Grayscale Bitcoin Trust is now at a record 27% discount to …

(3)The Power of Buying Grayscale Bitcoin Trust (GBTC … – Reddit

(4)Advantages of Grayscale Bitcoin Trust (GBTC) over BTC – Reddit

(5)why does anyone want to use Grayscale to invest in BTC …

(6)Grayscale Bitcoin Trust Discussion : r/BitcoinMarkets – Reddit

(7)GBTC ETF is significantly underperforming Bitcoin. GBTC’s 2 …

(8)Why shouldn’t the grayscale Bitcoin trust ($GBTC) be … – Reddit

(9)Maybe the real reason that The Grayscale #Bitcoin Trust …

(10)Why GBTC shares are trading at a discount – Axios

(11)Grayscale Bitcoin Trust (BTC) Reddit threads – Docoh