Is GBTC a good investment?

The Bitcoin Investment Trust ( GBTC) is the only choice for investors to trade Bitcoin on the stock market, and for this investors tend to pay a premium. [1] Below we explain the Bitcoin Investment Trust (GBTC), the pros and cons of GBTC, and why GBTC is a better investment than Bitcoin in some ways (but not in others).

Should you buy GBTC stock?

So, if you are looking to buy GBTC and you see premiums above 100%, then it might be wise to be more cautious, and if you see them closer to 30%, you might consider GBTC to be at a historically attractive price in terms of its premium. You can go to the Greyscale website to see a graph of its premium over time.

Where can you buy GBTC?

Retail investors can buy shares in the so-called Grayscale Bitcoin Trust, or GBTC, after the earlier owners have offloaded their holdings on secondary markets, through brokerages like Vanguard,...

Does GBTC own bitcoin?

What is the Bitcoin Investment Trust (GBTC)? This trust acts as a bitcoin fund of sorts, offering up the opportunity to bet on bitcoin by buying its shares. The trust owns bitcoins on its...