Grayscale Bitcoin Trust (GBTC), a closed-end fund that invests exclusively in bitcoin, lets investors get exposure to bitcoin through a traditional investment vehicle with shares titled in the investors’ name. GBTC currently has $2.79 billion of assets under management, which in this case equals the value of all the bitcoins held in the fund. When […]The post GBTC now holds more than 285,000 bitcoin, 1.57% of all BTC appeared first on The Block.
