Grayscale Bitcoin Trust (GBTC)

OTCMKTS: GBTC · Delayed Price · USD
12.10
+0.44 (3.77%)
Oct 4, 2022 4:00 PM EDT - Market closed
3.77%
Market Cap 2.13B
Revenue (ttm) n/a
Net Income (ttm) -11.79M
Shares Out 175.75M
EPS (ttm) -0.07
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 3,677,230
Open 11.97
Previous Close 11.66
Day's Range 11.87 - 12.21
52-Week Range 11.03 - 55.05
Beta n/a
Analysts Sell
Price Target n/a
Earnings Date Nov 3, 2022

About GBTC

Grayscale Bitcoin Trust (BTC) is an exchange traded fund launched and managed by Grayscale Investments, LLC. The fund invests in Bitcoins. It invests through derivatives such as futures, swaps, and other CFTC-regulated derivatives that reference digital currencies. The fund seeks to track the performance of the TradeBlock XBX Index. Grayscale Bitcoin Trust (BTC) was formed on September 25, 2013 and is domiciled in United States. [Read more...]

Industry Capital Markets
Country United States
Stock Exchange OTCMKTS
Ticker Symbol GBTC
Full Company Profile

Analyst Forecast

No stock price forecast available yet.

Price Target
n/a
Analyst Consensus: Sell
Stock Forecasts

News

Grayscale's new broker dealer for Bitcoin Trust replaces Genesis

Grayscale Investments, the digital assets investment firm behind the Grayscale Bitcoin Trust (OTCMKTS: GBTC), has unveiled a new broker dealer unit that will henceforth create and issue shares of its fl...

1 day ago - Invezz

Is GBTC Stock A Good Buy As Bitcoin Slumps Amid Market Turmoil?

GBTC stock is a way investors can play Bitcoin. With the digital currency plunging, is Grayscale Bitcoin Trust a buy now?

1 week ago - Investors Business Daily

Bitcoin Slump Could Be Nearing Its End

That headline comes with the caveat that pinpointing when bitcoin's slump will end is often a fool's errand, particularly this year. Still, some market observers believe that capitulation is near for th...

Other symbols: BLKC
3 weeks ago - ETF Trends

Crypto and Crypto Equity Combination Could Be Potent

One of the benefits of the evolution of cryptocurrency as an investable asset class is that investors no longer have to own assets such as bitcoin or ether to get in the game.

Other symbols: SATO
2 months ago - ETF Trends

World's largest bitcoin fund slams the SEC, sues over crypto ETF rejection

Grayscale is suing the Securities and Exchange Commission in response to continuous rejection of the company's prospective spot bitcoin exchange-traded fund.

2 months ago - CNBC

Grayscale Remains 'Laser Focused' on Bitcoin ETF After SEC Rejection: CEO

Grayscale CEO Michael Sonnenshein explains the decision to sue the US Securities and Exchange Commission after the agency denied the firm's application to convert its Grayscale Bitcoin Trust into the fi...

3 months ago - Bloomberg Markets and Finance

SEC Rejects Grayscale's Spot Bitcoin ETF; Here's How ARKW Is Impacted

Grayscale Investments' application to convert the $13.5 billion Grayscale Bitcoin Trust (GBTC) into an ETF wrapper was denied by the SEC on Wednesday. The SEC denied the conversion on the grounds that t...

Other symbols: ARKW
3 months ago - ETF Trends

SEC Faces Grayscale Lawsuit After Rejecting Spot Bitcoin ETF

The SEC is facing a lawsuit from crypto investment services firm Grayscale after it rejected Grayscale's spot Bitcoin ETF application. The post SEC Faces Grayscale Lawsuit After Rejecting Spot Bitcoin E...

3 months ago - InvestorPlace

Grayscale CEO breaks down lawsuit against SEC over rejected bitcoin ETF

Grayscale CEO Michael Sonnenshein joins CNBC's 'Squawk Box' to break down the company's lawsuit against the SEC after regulators rejected the company's bitcoin ETF.

3 months ago - CNBC Television

Grayscale is suing the SEC after its bitcoin ETF was rejected

The US regulator rejected Grayscale's bid to convert its Bitcoin Trust into an ETF Wednesday, citing the investment firm's failure to answer questions about market manipulation.

3 months ago - Business Insider

SEC Rejects Grayscale ETF in New Blow to Crypto. Let the Legal Battle Begin.

Grayscale has tapped a top Obama lawyer and former U.S. solicitor general to lead its case against the SEC.

3 months ago - Barrons

Grayscale Investments® Initiates Lawsuit Against the SEC

Files Petition for Review with the United States Court of Appeals for the District of Columbia Circuit

3 months ago - GlobeNewsWire

GBTC ETF Conversion Could Reveal $8 Billion Investor Benefit

While bitcoin prices are slumping amid the risk-off market decline, one of the biggest questions in the world of exchange traded funds is when the Securities and Exchange Commission (SEC) will approve a...

4 months ago - ETF Trends

Grayscale tells SEC that turning biggest bitcoin fund into ETF will unlock $8 billion for investors

A spot-based bitcoin ETF has eluded the industry for over five years. With an SEC deadline coming up, will Grayscale finally break through?

4 months ago - CNBC

Investors Continue Pouring Into Crypto ETFs

The prices of bitcoin and other digital assets are sliding, but flows data for globally listed crypto exchange traded products remain optimistic for the asset class. Investors approaching bitcoin and di...

5 months ago - ETF Trends

Signs Emerge That Institutions Still Support Bitcoin

Bitcoin prices continue hovering around the $40,000 level, sparking some concern that more near-term downside is a possibility. However, there's evidence suggesting that institutional investors remain p...

5 months ago - ETF Trends

Latest Bitcoin ETF Approval Could Open Door for Grayscale Spot Bitcoin ETF

On Wednesday, the Securities and Exchange Commission (SEC) approved Teucrium's futures-backed bitcoin exchange traded fund. At this point in the U.S. bitcoin ETF cycle, a futures-based product coming to...

5 months ago - ETF Trends

More Tailwinds Could Emerge for Bitcoin

Bitcoin, the largest cryptocurrency by market capitalization, is trading slightly lower over the past week, but some market observers that modest funk could be snapped and that it could happen soon. The...

5 months ago - ETF Trends

Interesting Use for Bitcoin Emerges

There was a time when naysayers derided bitcoin because the cryptocurrency couldn't be used for basic functions such as grocery shopping. That time is in the past, and little by little, the usage case f...

6 months ago - ETF Trends

Which Invesco Crypto ETF Is Right for Your Portfolio?

Inveso rolled out two ETFs last fall offering exposure to the cryptocurrency industry, each one giving investors exposure to different facets of the growing space. The two funds include the Invesco Aler...

Other symbols: BLKCSATO
6 months ago - ETF Trends

If new FAANG isn't to your liking, here's a grouping called BEEF

There's nothing like a good acronym to organize the minds of investors.

Other symbols: BITO
6 months ago - Market Watch

Grayscale Investments® Launches Smart Contract Platform Fund

Launch of new investment product reflects ongoing demand for diversified exposure to crypto protocols leveraging decentralized smart contract technology Launch of new investment product reflects ongoing...

Other symbols: ETHE
6 months ago - GlobeNewsWire

Fed Rate Hike Could Boost Bitcoin

The Federal Reserve boosted interest rates by 0.25% on Wednesday, marking the start of a tightening cycle that could include as many as six rate hikes this year. How a tightening regime of that magnitud...

6 months ago - ETF Trends

White House Crypto Order Could Benefit Bitcoin, Says Expert

President Biden's executive order on cryptocurrency, which could lead to the creation of a central bank digital currency, could be a boon for bitcoin, according to one money manager. The White House iss...

6 months ago - ETF Trends

Final Trades: Silver, BHP Group, Grayscale Bitcoin Trust & more

The "Halftime Report" traders give their top picks to watch for the second half.

Other symbols: BHPBROSSLV
7 months ago - CNBC Television