Replies to post #3170 on Grayscale Bitcoin Trust (GBTC)

[ApollyonZ]

Lawyer at Firm Advising Winklevoss Twins Tapped as SEC’s ETF Regulator

SEP 01, 2017

..The SEC agreed to hear an appeal from the Winklevoss twins earlier this year,

..However, because of high demand and limited supply, GBTC shares trade at a huge premium. Until this morning, the premium was a little over 100 percent. Each GBTC share is “backed” by about 0.09 Bitcoin, yet the shares trade at prices far more than the underlying Bitcoin value.

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Due diligence means not relying on others to buy or sell but .20 Bitcoins per share Co!n or .092 GBTC.

Factfinders suggest mistakes are often made on impulse buying.