GRAYSCALE BITCOIN TRUST BTC (GBTC) Stock Price, News ...

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In the last 100 days, the number of Bitcoins in the Grayscale Bitcoin Trust (GBTC) has increased by more than 78000. These coins are locked for 6 months too.

I had made a similar thread 100 days ago.
The following is a simple table showing the number of bitcoins in the GBTC as seen on its page here on the given days.
Date Number of btc in GBTC
31 Dec 2017 170,000
31 Dec 2018 204,390
26 July 2019 239,513
26 Oct 2019 257798
7 Feb 2020 283,192
27 Apr 2020 312886
1 May 2020 323262
17 May 2020 (100 days ago) 343954
3 July 2020 386658
27 Aug 2020 (latest today) 422308
Number of bitcoins acquired in last ~100 days: 422308 - 343954= 78354
The rate of acquiring bitcoin in gbtc had accelerated after the start of April 2020, as you can see above in the table. At the rate of about 800 bitcoins per day that GBTC has bought every day for last 100 days, the GBTC is buying Bitcoins equal to about 85% ( 783/900) of all supply of newly minted Bitcoin.
And GBTC is just one of the many ETF's that people who don't want to fiddle with private keys etc, can use to acquire Bitcoin, albeit the largest one.
In this period, the MNC Microstrategy has bought a further 22k Bitcoin.
submitted by parakite to Bitcoin [link] [comments]

The Grayscale Bitcoin Cash Trust is trading BCH at a value of $2660 while the actual market price is $290. Thats over 9 times the current market price. FYI 106.4 shares is 1 BCH.

The Grayscale Bitcoin Cash Trust is trading BCH at a value of $2660 while the actual market price is $290. Thats over 9 times the current market price. FYI 106.4 shares is 1 BCH. submitted by sunny-cali to btc [link] [comments]

Grayscale bitcoin etf bought another 3,729 Bitcoins sometime in the past 2 days

Remember the thread i made 2 days ago saying Grayscale bought 5,973, well they just bought another 3,729 bitcoins on top of that!

Current:
Shares Outstanding 423,052,100‡
Bitcoin per Share 0.00095760‡
= 405,114.69096 Bitcoins owned by grayscale

2 days ago
Shares Outstanding419,091,700‡
Bitcoin per Share0.00095775‡
= 401,385.075675 Bitcoins owned by grayscale
= 3,729.61Bitcoins bought by grayscale in the past 2 days.
OR = 9,702 Bitcoins bought by grayscale in the past 5 days!
submitted by atrueretard to Bitcoin [link] [comments]

In the last 100 days, the number of Bitcoins in the Grayscale Bitcoin Trust (GBTC) has increased by more than 60000. These coins are locked for 6 months too.

I had made a similar thread 100 days ago.
The following is a simple table showing the number of bitcoins in the GBTC as seen on its page here on the given days.
Date Number of btc in GBTC
31 Dec 2017 170,000
31 Dec 2018 204,390
26 July 2019 239,513
26 Oct 2019 257798
7 Feb 2020 283,192
27 Apr 2020 312886
1 May 2020 323262
17 May 2020 (100 days ago) 343954
3 July 2020 386658
27 Aug 2020 (latest today) 422308
Number of bitcoins acquired in last ~100 days: 422308 - 343954= 78354
The rate of acquiring bitcoin in gbtc had accelerated after the start of April 2020, as you can see above in the table. At the rate of about 800 bitcoins per day that GBTC has bought every day for last 100 days, the GBTC is buying Bitcoins equal to about 85% ( 783/900) of all supply of newly minted Bitcoin.
And GBTC is just one of the many ETF's that people who don't want to fiddle with private keys etc, can use to acquire Bitcoin, albeit the largest one.
In this period, the MNC Microstrategy has bought a further 22k Bitcoin.
submitted by parakite to CryptoCurrency [link] [comments]

Grayscale bitcoin etf bought another 5,973 Bitcoins sometime in the past 3 days

haha grayscale printer go brrrrrrrr

current:
Shares Outstanding419,091,700‡
Bitcoin per Share0.00095775‡
= 401,385.075675 Bitcoins owned by grayscale

3 days ago
Shares Outstanding412,808,000‡
Bitcoin per Share0.00095786‡
= 395,412.27088 Bitcoins owned by grayscale
source: https://grayscale.co/bitcoin-trust/

How does this work. example: Joe buys Bitcoin etf using Etrade. That doesnt impact bitcoin's price. But eventually the Bitcoin ETF has a 20% premium so the ETF sells some shares and uses the money to buy more bitcoin. They will continue to do this until the premium is gone and the premium is currently +16% so they will be buying thousands of more Bitcoins until it balances out.
submitted by atrueretard to Bitcoin [link] [comments]

You can now hold BCH as part of your retirement account, TAX FREE, thanks to the Grayscale® Bitcoin Cash Trust!

submitted by MemoryDealers to btc [link] [comments]

Grayscale's Bitcoin Purchase Rises By $690M Since April

Grayscale's Bitcoin Purchase Rises By $690M Since April submitted by ArnitaHayward to CryptoCurrencies [link] [comments]

In the last 100 days, the number of Bitcoins in the Grayscale Bitcoin Trust (GBTC) has increased by more than 60000. These coins are locked for 6 months too.

I had made a similar thread 100 days ago.
The following is a simple table showing the number of bitcoins in the GBTC as seen on its page here on the given days.
Date Number of btc in GBTC
31 Dec 2017 170,000
31 Dec 2018 204,390
26 July 2019 239,513
26 Oct 2019 257798
7 Feb 2020 (100 days ago) 283,192
27 Apr 2020 312886
1 May 2020 323262
17 May 2020 (today) 343954
Number of bitcoins acquired in last 100 days: 343954-283192 =60762
The rate of acquiring bitcoin in gbtc has actually accelerated after April, as you can see above in the table. However, even at the rate of 600 bitcoins per day that GBTC has bought every day for last 100 days, the GBTC is buying Bitcoins equal to 2/3rd of all supply of newly minted Bitcoin.
For good measure, 60k bitcoins in last 100 days is about 33-34% of all newly minted bitcoins in that period, give or take.
And GBTC is just one of the many ETF's that people who don't want to fiddle with private keys etc, can use to acquire Bitcoin, albeit the largest one.
The demand is there. The supply is reduced. Lets see where we will be in 100 days. I am not going to mention price of Bitcoin 100 days ago, because I am not selling anything. DYOR. Make your own investment decisions. This is not investment advice.
submitted by parakite to Bitcoin [link] [comments]

GRAYSCALE BITCOIN TRUST (BTC) USD (GBTC-USD)

GRAYSCALE BITCOIN TRUST (BTC) USD (GBTC-USD) submitted by jatslo to u/jatslo [link] [comments]

Grayscale's Bitcoin Purchase Rises By $690M Since April

Grayscale's Bitcoin Purchase Rises By $690M Since April submitted by ArnitaHayward to CryptoMarkets [link] [comments]

Grayscale's Bitcoin Purchase Rises By $690M Since April

Grayscale's Bitcoin Purchase Rises By $690M Since April submitted by ElCapitanRodney to CryptoCurrencyTrading [link] [comments]

Grayscale Bitcoin Trust Doubles in Dollar Value

submitted by CoinjoyAssistant to Bitcoin [link] [comments]

Grayscale: Bitcoin Market ‘Looks Like 2016, Before Historic Bull Run’

Grayscale: Bitcoin Market ‘Looks Like 2016, Before Historic Bull Run’ submitted by nice2yz to CryptoCurrency [link] [comments]

Grayscale: Bitcoin Market ‘Looks Like 2016, Before Historic Bull Run’

submitted by Ranzware to BitNewsLive [link] [comments]

Grayscale Bitcoin Trust registró un aumento en el interés de los inversores después de marzo

Grayscale Bitcoin Trust registró un aumento en el interés de los inversores después de marzo submitted by raaner12 to CryptoMonedas [link] [comments]

BTC Breaks $12k on the Eve of Grayscale's Bitcoin TV Ad Campaign - Ethereum World News

BTC Breaks $12k on the Eve of Grayscale's Bitcoin TV Ad Campaign - Ethereum World News submitted by David_Gekko to Crypto_Currency_News [link] [comments]

Everyone Hates The Grayscale Bitcoin Ad

Everyone Hates The Grayscale Bitcoin Ad submitted by cryptoallbot to cryptoall [link] [comments]

Everyone Hates The Grayscale Bitcoin Ad

Everyone Hates The Grayscale Bitcoin Ad submitted by mrsotkogaming to btc [link] [comments]

Grayscale bitcoin etf bought another 3,729 Bitcoins sometime in the past 2 days (x-post from /r/Bitcoin)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

BTC Breaks $12k on the Eve of Grayscale's Bitcoin TV Ad Campaign - Ethereum World News

BTC Breaks $12k on the Eve of Grayscale's Bitcoin TV Ad Campaign - Ethereum World News submitted by cryptoallbot to cryptoall [link] [comments]

In the last 100 days, the number of Bitcoins in the Grayscale Bitcoin Trust (GBTC) has increased by more than 60000. These coins are locked for 6 months too.

submitted by scgco to GGCrypto [link] [comments]

Grayscale: "Grayscale Bitcoin Cash Trust intends to provide exposure to the price movement $BCH through a traditional investment vehicle & it will soon be trading publicly under symbol: $BCHG on @OTCMarkets. Not familiar with $BCH? Read up via our report:"

Grayscale: submitted by ojjordan78 to Bitcoincash [link] [comments]

Grayscale Growing by Billions - Bitcoin, Litecoin ... Grayscale Bitcoin Tv Commercial Review Grayscale Gobbles Up Another 17,000 BTC - Bitcoin Scarcity ... GBTC Explained For Beginners! (Grayscale Bitcoin Trust ... Investing in Bitcoin - Grayscale Bitcoin Trust & Its MASSIVE Holdings of Bitcoin

Find the latest GRAYSCALE BITCOIN TRUST BTC (GBTC) stock quote, history, news and other vital information to help you with your stock trading and investing. Important Information. Grayscale Investments, LLC (“Grayscale”) is the sponsor of Grayscale Bitcoin Trust (BTC), Grayscale Bitcoin Cash Trust (BCH), Grayscale Ethereum Trust (ETH), Grayscale Ethereum Classic Trust (ETC), Grayscale Horizen Trust (ZEN), Grayscale Litecoin Trust (LTC), Grayscale Stellar Lumens Trust (XLM), Grayscale XRP Trust (XRP) and Grayscale Zcash Trust (ZEC), and the ... Bitcoin is an innovative & a new kind of money. Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Grayscale is a FINRA-approved investment vehicle that has bitcoin assets under management. Prior to the March 12 crash, Grayscale held more than 300,000 BTC in the Grayscale Bitcoin Trust, and ... As of May 17, the Grayscale Bitcoin Trust Fund had a total of 343,954 BTC under management, up 21% from 283,192 BTC held 100 days earlier. In value terms, the portfolio has soared to $3.37 billion ...

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Grayscale Growing by Billions - Bitcoin, Litecoin ...

Is the Grayscale Bitcoin or Ethereum Trust a Good Investment? (GBTC & ETHE) - Duration: 17:48. The Cryptoviser 2,969 views. 17:48. SUBSCRIBE if you enjoy these type of videos! Thanks for watching! MY WEBSITE: http://www.TheCryptoviser.com TWITTER: https://twitter.com/TheCryptoviser -----... so here it is. the grayscale bitcoin commercial. also some other interesting news of recovered bitcoin. Social Media: Follow me on Dlive: https://dlive.tv/Mr... Michael Sonnenshein, Grayscale Investments director, discusses the investor frenzy in cryptocurrencies like bitcoin. » Subscribe to CNBC: http://cnb.cx/Subsc... Grayscale will be solely invested in a basket of crypto assets that will initially include bitcoin (BTC), ether (ETH), ripple (XRP), bitcoin cash (BCH) and litecoin (LTC). Their previous funds ...

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