Grayscale Bitcoin Trust (GBTC)
| 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...]
Analyst Forecast
No stock price forecast available yet.
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...
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?
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...
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.
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.
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...
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...
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...
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.
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.
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.
Grayscale Investments® Initiates Lawsuit Against the SEC
Files Petition for Review with the United States Court of Appeals for the District of Columbia Circuit
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...
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?
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...
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...
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...
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...
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...
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...
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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...
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...
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...