Replies to post #3182 on Grayscale Bitcoin Trust (GBTC)

[ApollyonZ]

The Bitcoin Investment Trust (GBTC) Is A Joke, Right?
October 7, 2017

..The GBTC is not an ETF, but a trust. It can only own a certain amount of Bitcoin and does not track the commodity/currency/asset (whatever you’d like to call it) like gold ETFs do with gold.
..As for Bitcoin’s technology, it gets an upgrade in November...there’s more money looking to buy Bitcoin, as well, there’s more pressure to create a sound public market product that more accurately tracks the Bitcoin price — unlike GBTC...
..That high premium for GBTC will also come crashing down a Bitcoin ETF is approved, or even a cryptocurrency ETF. Be wary.

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A bright future for currency. A bold opportunity to invest,

..Trust are private investment vehicles, not registered with any regulatory agency of any jurisdiction, and are NOT subject to the same regulatory requirements as SEC-registered exchange traded fund

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OTC GBTC
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Btc prices go up, GBTC sideways, bewary, Puma, VNDM, CSTI on L2 shorting. Barry Silbert your silence is a disfavor to your investors!