Have you ever wondered what GBTC is? Crypto/Bitcoin traders on YouTube and other channels have often mentioned GBTC instead of just regular Bitcoin. In fact this is an Investment Trust which has shares that you can kind of buy like stocks. But it is only available for accredited investors which is why not everyone can access it. However, the way it is set up makes it friendly for institutional investors that want Bitcoin exposure without having to handle the set-up, custody, and other hassles that come with owning your own keys. But of course the flip side is that you don’t own your own keys so you don’t get the censorship resistant benefits of Bitcoin. Anyways, there is much more in this video to learn about GBTC or Grayscale Bitcoin Trust. Definitely give it a watch and let us know any of your questions/comments in the comment section below!
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