GBTC - Bitcoin Investment Trust

Other OTC - Other OTC Delayed Price. Currency in USD
6.98
-0.23 (-3.19%)
At close: 3:59PM EDT
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Previous Close7.21
Open0.00
Bid0.00 x 0
Ask0.00 x 0
Day's Range0.00 - 0.00
52 Week Range
Volume0
Avg. Volume1,793,007
Market Cap1.227B
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est8.35
Trade prices are not sourced from all markets
  • Benzinga4 days ago

    Fidelity Launches Cryptocurrency Services Company For Institutional Investors

    Bitcoin and other cryptocurrency prices soared Monday after Fidelity announced the launch of a new company that could help increase access to digital currencies. What Happened? One of the biggest criticisms of cryptocurrencies in the early stages of their development are that they're difficult for the average investor to access and that they will need to become mainstream in order to survive and thrive. While a number of cryptocurrency-oriented financial services companies have sprung up in recent years, Fidelity is the first traditional Wall Street form to provide cryptocurrency solutions like custody.

  • Benzinga4 days ago

    A Crypto Sympathy Move: Bitcoin Approaches $7K Level As Tether Sells Off

    Cryptocurrencies have been turning in a forgettable performance so far this year, with bitcoin — the most widely traded crypto — losing a whopping 56 percent year-to-date after a stellar performance in 2017. The digital currency soared to a high of $6,950, but has since then given back some of the gains and was trading at $6,665.91 at the time of publication, according to CoinMarketCap. The cryptocurrency Tether is making a downward move, losing 2.38 percent against the dollar and 8.08 percent against bitcoin.

  • Benzinga7 days ago

    This Week In Cryptocurrency: SEC Cracks Down On ICOs, Crypto Safe Haven Trade Fails

    On Wednesday, Yahoo Finance reported the U.S. Securities and Exchange Commission has issued a second wave of subpoenas to cryptocurrency startups who used initial coin offerings to raise funding. The Dow Jones dropped 800 points on the day, but the 2.4 percent decline in the S&P 500 was less than half of the 6 percent decline in bitcoin prices that day.

  • Benzinga21 days ago

    This Week In Cryptocurrency: Google Lifts Ad Ban, Bitcoin Cash Soars

    The cryptocurrency market finished a difficult week on a low note on Friday, with most major currencies trading down on the day. Here’s a look at some of the headlines that were moving the cryptocurrency ...

  • Is Bitcoin Investment Trust a Buy?
    Motley Fool27 days ago

    Is Bitcoin Investment Trust a Buy?

    Find out whether this is a good vehicle for bitcoin exposure.

  • Motley Foollast month

    Bitcoin ETFs Have a Supporter at the SEC

    One commissioner thinks that the regulatory agency's stance on cryptocurrencies has a major flaw -- and she wants to fix it.

  • Invest in the Technology Behind Bitcoin With Blockchain Stocks
    InvestorPlacelast month

    Invest in the Technology Behind Bitcoin With Blockchain Stocks

    There is no question that there is a connection between blockchain and cryptocurrencies — without blockchain, cryptocurrencies wouldn’t exist. One stock that is as close to a pure play on cryptocurrencies as you can get is Bitcoin Investment Trust (OTCMKTS:GBTC), which basically tracks the price of bitcoin. As goes the price of bitcoin, so goes GBTC’s share price.

  • PR Newswirelast month

    Grayscale Investments Launches Zen Investment Trust

    NEW YORK, Sept. 6, 2018 /PRNewswire/ -- Grayscale Investments, LLC, a global leader in digital currency asset management, today announced the launch of Zen Investment Trust, a single-asset investment vehicle solely comprised of ZEN, a privacy-focused digital currency. Zen Investment Trust is the eighth single-asset investment product introduced by Grayscale, and the first security solely invested in ZEN.

  • Investor's Business Dailylast month

    Bitcoin Crashes Below Key Support Level On This Bad News

    Bitcoin plunged back below the $7,000 on reports Goldman Sachs has abandoned plans to establish a cryptocurrency trading desk.

  • Benzinga2 months ago

    Institutional Investors Have A New Option For Crypto Exposure

    Institutional investors looking for exposure to the fast-growing universe of cryptocurrencies have a new vehicle to consider. On Tuesday, Bitwise Asset Management and Morgan Creek Digital, the digital ...

  • Benzinga2 months ago

    The Headlines Driving Bitcoin's Volatile Week

    Bitcoin investors are no strangers to volatility and market-moving headlines, but the past few days have been particularly eventful for crypto investors. On Friday, Fundstrat Global Advisors analyst Tom Lee said bitcoin prices have started to correlate positively with emerging markets. Lee said the selling pressure in both cryptocurrencies and emerging market stocks could reverse in the second half of the year, especially if the U.S. dollar weakens and the Federal Reserve slows down its tightening.

  • Barrons.com2 months ago

    Why Wall Street's Bitcoin Dreams Keep Getting Dashed

    Wall Street is desperate to get in on the bitcoin game, but the Securities and Exchange Commission remains wary, and industry insiders don't expect that to change anytime soon. As much as bitcoin trading has matured over the past year—price spreads between different exchanges are tighter, for instance—there's still too much evidence that digital currencies can be manipulated, and the exchanges where most trading occurs are vulnerable to hacking and shady operators. Regulators don't yet have the legal authority to conduct steady surveillance of those markets.

  • Benzinga2 months ago

    This Week In Cryptocurrency: SEC Shuns Bitcoin ETF, Overstock Gets Massive Investment

    The cryptocurrency market finished another difficult week on a low note on Friday, with most major currencies trading down more than 2 percent on the day. Here’s a look at some of the headlines that were ...

  • ACCESSWIRE2 months ago

    Technology & Cannabis Stocks Making Waves

    HENDERSON, NV / ACCESSWIRE / August 10, 2018 / Investors focusing too much attention on large technology stocks like Apple and Google have perhaps overlooked smaller upcoming technology companies with ...

  • Benzinga2 months ago

    SEC Delays On VanEck SolidX Bitcoin Trust

    The Securities and Exchange Commission said Tuesday it's delaying a decision on the proposed VanEck SolidX Bitcoin Trust by more than a month. Exchange traded funds issuer VanEck and fintech company SolidX revealed plans for the VanEck SolidX Bitcoin Trust in June. Assuming the fund is approved, SolidX would be the sponsor while VanEck would market the fund.

  • ACCESSWIRE2 months ago

    Today's Research Reports on Trending Tickers: Bitcoin Investment Trust and Square

    NEW YORK, NY / ACCESSWIRE / August 8, 2018 / U.S. equities closed up on Tuesday, as investors set aside trade related concerns and focus on strong corporate earnings. The Dow Jones Industrial Average increased ...

  • Benzinga3 months ago

    This Week In Cryptocurrency: Goldman Blasts Cryptos, Square Reports Bitcoin Profit

    The cryptocurrency market finished a difficult week on a quiet note on Friday, with most major currencies trading up less than 1 percent on the day. Here’s a look at some of the headlines that were moving ...

  • ACCESSWIRE3 months ago

    Blockchain Stocks: Tech Stock Report Monitoring 3 Tech Companies in August 2018

    CORAL GABLES, FL / ACCESSWIRE / August 3, 2018 / The breakdown of consumer internet stocks Facebook, Twitter and Netflix have resulted in a number of investors running scared of technology that has actually done well over the past 12 months. The company released an update this week to discuss the expansion of its operating arms.

  • InvestorPlace3 months ago

    Bitcoin Cash: Be Bullish While Everyone Else Is Scared

    This year has been a rollercoaster ride for the cryptocurrency market. Bitcoin, the largest cryptocurrency in terms of market cap, made headlines in late June when its price fell below $6,000. While bitcoin continues to garner the headlines, I’m keeping my eye on the fourth largest cryptocurrency — bitcoin cash.

  • Howard Marks on Bitcoin: ‘Not an Investment…It’s a Trade’
    Market Realist3 months ago

    Howard Marks on Bitcoin: ‘Not an Investment…It’s a Trade’

    Billionaire investor and the co-founder of Oaktree Capital Management Howard Marks shared his views on Bitcoin at the Delivering Alpha Conference on July 23. In the long run, I think it will be shown not to have any substance.” He added that investors are buying bitcoin with the only hope that “someone will buy it from them at a higher price. Not because they can specify its intrinsic benefits. Not because they can judge the intrinsic value.

  • Steve Bannon: ‘I Like Bitcoin. I Own Bitcoin’
    Market Realist3 months ago

    Steve Bannon: ‘I Like Bitcoin. I Own Bitcoin’

    Steve Bannon also shared his latest views on Bitcoin and other cryptocurrencies at the 2018 Delivering Alpha Conference on July 23.

  • Benzinga3 months ago

    This Week In Cryptocurrency: New No-Fee Crypto Trading Platform, SEC Rejects Bitcoin ETF

    The cryptocurrency market finished another strong week on a low note on Friday, with most major currencies trading down more than 1 percent on the day. Here’s a look at some of the headlines that were ...

  • The Winklevoss Twins' Bitcoin ETF Was Just Rejected -- Here's Why It Matters
    Motley Fool3 months ago

    The Winklevoss Twins' Bitcoin ETF Was Just Rejected -- Here's Why It Matters

    A bitcoin ETF could be a big deal, but it's not happening just yet.

  • Benzinga3 months ago

    Once Again, SEC Rejects Winklevoss Bitcoin ETF

    Bitcoin prices slipped after the close of U.S. markets Thursday amid reports that the Securities and Commission again rejected the Winklevoss brothers' efforts to launch an exchange traded fund tied to the largest cryptocurrency. Cameron and Tyler Winklevoss, founders of the Gemini digital currency exchange, have been trying to bring the Winklevoss Bitcoin Trust to life for several years. The SEC “said in a release Thursday that it did not support the Winklevoss's argument that bitcoin markets, including the Gemini Exchange, are 'uniquely resistant to manipulation,'” reports CNBC.

  • Barrons.com3 months ago

    SEC Rejects Winklevoss Brothers ETF, Says Bitcoin Isn't Manipulation Resistant

    The Securities and Exchange Commission has rejected an application by the Winklevoss twins to launch a bitcoin exchange traded fund, claiming the brothers had not proven that an ETF would be safe enough for investors. In a 92-page opinion on Thursday, the commission said it rejected an argument from the twins that "intrinsic properties of bitcoin and bitcoin markets make manipulation 'difficult and prohibitively costly.'" The SEC notes that several exchanges have been hacked and that academic papers "suggest that the price of bitcoin can be, and has been, manipulated through activity on bitcoin trading venues." The price of bitcoin fell under $8,000 after the news was released, to a recent $7,950. It was not a unanimous decision.