Grayscale’s Bitcoin Stock Most Actively Traded Security on OTC Markets

Grayscale’s Bitcoin Stock Most Actively Traded Security on OTC Markets
фото показано с : bitcoinist.com

2019-7-24 15:00

Bitcoin’s monster rally from $3,200 to $13,800 was also reflected in Grayscale’s Bitcoin-based security GBTC as the security was one of the most actively traded on OTC markets.

Greyscale Tips the Scales

Yesterday Grayscale proudly announced that its Bitcoin Trust stock (GBTC) is ranked amongst the most actively traded securities on over-the-counter (OTC) markets in June.

As of today, there are more than 10,000 securities offered on OTC markets and 1,430 trade on the OTCQX and OTCQB premium tiers. By the end of June 2018, only eight securities on both tiers had transacted more than $1 billion in volume and GBTC was amongst the list.

GBTC traded $4 billion worth of shares over the first 6-months of 2019 and was the only digital asset-based security among the pack of eight that traded more than $1 billion in volume. Even more encouraging is that Grayscale debuted twice on the OTCQX. Grayscale’s Ethereum Classic Trust (ETC) came in 7th place with a June trading volume of $122,722,000. 

Get the Gains Without the Pain

GBTC is designed to provide Bitcoin exposure to investors looking for an easier and more secure method to invest in the digital asset. Investors need not worry about custody, hacks, cold wallets and registering with cryptocurrency exchanges as Grayscale handles all the rigorous work. The security is also attractive to institutions and fund managers as the shares can be held in an IRA, Roth IRA and other brokerage accounts. 

To date, the security has returned 36.74% over the past 12-months and 7,157.14% since inception. GTBC also incurs a 2% annual fee and the security often lags behind Bitcoin price action as it only trades Monday – Friday and not 24-7 like Bitcoin.

 

A notice on Grayscale’s homepage informs investors that GBTC is currently closed as it is only “offered on a periodic basis throughout the year”. Investors are encouraged to investigate the Grayscale Digital Large Cap Fund as it is comprised of 80% Bitcoin. 


Do you think Grayscale’s record trading volume are a sign that institutional investors are leading the current Bitcoin bull market? Share your thoughts in the comments below! 

Image via Shutterstock, Grayscale Investments, Twitter: @GrayscaleInvest

The post Grayscale’s Bitcoin Stock Most Actively Traded Security on OTC Markets appeared first on Bitcoinist.com.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Blockchain Traded Fund (BTF) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 BTF

otc markets bitcoin actively security traded grayscale

Источник: bitcoinist.com

otc markets → Результатов: 68


BHPA Inc Approved to Trade on OTC Markets Exchange Under “BHPA” Ticker

CHENGDU, China, July 11, 2019 -- BHPA, Inc. (OTCMKTS: BHPA) (“BHPA” or the “Company”), an emerging leader in the cryptocurrency cloud mining marketplace, is excited to announce that it has been approved by the Financial Industry Regulatory Authority to trade under the ticker “BHPA” OTC Markets Group (the “OTC”), as of July 8, 2019.

2019-7-13 18:56


BitMart and Paxful Join Forces on OTC Trading, Move to Enter the Peer-to-Peer Financial Revolution

NEW YORK NY, July 9, 2019 — BitMart, a premier global digital asset trading platform, is pleased to announce a strategic partnership with Paxful, a global peer-to-peer Bitcoin marketplace. The partnership marks the two entities have taken together in the hopes of increasing liquidity and scalability, lowering the investment barriers for the unbanked to participate […] The post BitMart and Paxful Join Forces on OTC Trading, Move to Enter the Peer-to-Peer Financial Revolution appeared first on CCN Markets

2019-7-9 16:19


Фото:

Цена акций Ethereum-траста Grayscale резко подскочила

Цена одной акции ETHE инвестиционного Ethereum-траста Grayscale на запущенной в пятницу внебиржевой платформе OTC Markets достигла $590, что почти в два раза превышает спотовую цену криптовалюты.

2019-6-24 17:00


Grayscale Ethereum Trust Is Now Available For Trading On OTC Markets

Grayscale Launches New ETHE Security According to the blog post released by the company, ETHE is a trust that holds Ethereum, the second largest virtual currency in the market after Bitcoin. That means that investors would be able to have access to gain exposure to Ethereum without necessarily having to purchase the cryptocurrency itself. The […]

2019-6-22 17:06


Фото:

Акции Grayscale начали обращаться на внебиржевой платформе

В четверг акции инвестиционного траста компании Grayscale для работы с криптовалютой Ethereum начали обращаться на внебиржевой платформе OTC Markets.

2019-6-21 12:29


Фото:

Grayscale вывела бумаги своего Ethereum-траста на внебиржевой рынок

Управляющая различными криптовалютными активами компания Grayscale Investments из холдинга Digital Currency Group миллионера Барри Силберта, получила разрешение Агентства по регулированию деятельности финансовых институтов (FINRA) на проведение листинга ценных бумаг своего Ethereum Trust (ETHE).

2019-5-27 17:52


Ethereum-траст от Grayscale Investments выходит на внебиржевой рынок

Управляющая криптовалютными активами компания Grayscale Investments получила разрешение Агентства по регулированию деятельности финансовых институтов (FINRA) на листинг ценных бумаг своего Ethereum-траста (ETHE) во внебиржевой системе торгов OTC Markets.

2019-5-23 18:55


Фото:

Grayscale разрешили вывести Ethereum-траст на внебиржевой рынок

Служба регулирования отрасли финансовых услуг (FINRA) предоставила разрешение компании Grayscale Investments на листинг ценных бумаг своего Ethereum-траста (ETHE) во внебиржевой системе торгов OTC Markets.

2019-5-24 18:30


Grayscale Investments: Ethereum Trust [ETHE] receives FINRA approval for public quotation on OTC markets

Grayscale Investments, a digital asset management firm, made an announcement with regard to the second largest cryptocurrency in the market, Ethereum. The platform stated that the Financial Industry Regulatory Authority [FINRA] approved its Ethereum Trust, ETHE, making it the third publicly quoted investment product.

2019-5-23 16:18


Акции Grayscale Bitcoin Trust вышли в лидеры по объему внебиржевых торгов

Глава Digital Currency Group Барри Силберт сообщил о том, что акции фонда Grayscale Bitcoin Trust (GBTC) вышли в лидеры по объему торгов на OTC Markets Group. Grayscale Bitcoin Trust (symbol: $GBTC) was the most actively traded stock on @OTCMarkets OTCQX today https://t.

2019-5-8 14:43


SigOne Capital and DV Chain Partner to Ease Cryptocurrency Liquidity Issues in OTC Markets

The field of digital asset trading has been heavily “dominated” by cryptocurrency exchanges, even though the over the counter (OTC) market is significantly larger. The problems of liquidity and fast settlements has brought about problems to large money investors in the field when using exchanges hence the need for OTC market brokers and traders to […]

2019-4-17 19:18


Binance Jersey Review – Beginner’s Guide to the new Fiat-Crypto Exchange

There’s not much we can say about Binance that hasn’t been said before; with hundreds of currencies on their portfolio, a native exchange token that remains resilient to bear markets, never-before hacked security measures, an OTC trading desk, an in-house built wallet, and a launchpad for up-and-coming blockchain projects, the platform is currently one of […] The post Binance Jersey Review – Beginner’s Guide to the new Fiat-Crypto Exchange appeared first on CaptainAltcoin.

2019-2-2 14:53


Биткоин-биржа OKEx добавила британский фунт и тайский бат на свою OTC-платформу

Базирующаяся в Мальте криптобиржа OKEx объявила о поддержке британского фунта и тайского бата на своей внебиржевой платформе. Celebrate the launch of Thai Baht (THB) & British Pound (GBP) OTC markets with us.

2019-1-23 18:54


Newest Diar Report Shows Significant Shift into OTC Bitcoin Markets by Traditional Investors

OTC physical Bitcoin(BTC) markets having higher liquidity have recently gained preference from institutional investors, as per an analysis published by the Research firm Diar published Dec. 17. According to the Diar report,there is a growing appetite for investment in OTC funds like the ones offered by Coinbase a leading American crypto exchange. Though OTC trade […]

2018-12-19 22:03


Diar: институциональные криптовалютные трейдеры мигрировали на внебиржевые рынки

Если в 2017 году торговые объемы биткоином на Coinbase и акциями GBTC на OTC Markets были почти равными, то в этом году профессиональная платформа от Coinbase существенно превзошла динамику биткоин-фонда от Grayscale Investments, говорится в новом отчете компании Diar.

2018-12-18 19:21


Фото:

Exchanges Roundup: UK MP Quits Ironx After Four Days, Daily OTC Volume Estimated at $250M

In recent news regarding cryptocurrency exchanges, a member of the British Parliament has quit his role with a cryptocurrency exchange just four days after joining the company, analysts have estimated the daily volume of the over-the-counter (OTC) cryptocurrency markets to be $250 million, and Poloniex’s new terms of use have banned residents of Germany, China, Pakistan, […] The post Exchanges Roundup: UK MP Quits Ironx After Four Days, Daily OTC Volume Estimated at $250M appeared first on Bitcoin News.

2018-10-27 02:15


Фото:

PR: Debut of USDD – A Stable Coin That Pays You Interest

USDD – The world's first dollar-backed and interest-bearing stable coin, with interest payments every 24 hours, will be officially released on October 31st by 55 Global Markets. The USDD value is 100% supported by a US dollar reserve, funds are held in trust for the benefit of tokenholders by PrimeTrust as trustee, a third-party trust company that has relationships with major US banks.

2018-10-26 12:30


дальше еще 19 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Detroit to accept crypto payments for taxes and city fees

Detroit is set to become the largest U.S. city to accept cryptocurrency for tax and fee payments.  Starting mid-2025, residents can use crypto to make payments through a platform managed by PayPal, Detroit officials announced today. This initiative aligns with…

How to Build an Asset Class in Three Easy Steps

Kelly Ye, portfolio manager at Decentral Park Capital and Andy Baehr, head of product at CoinDesk Indices, trade views, active manager vs indexer, on what steps are most important to shape the capital markets and investment landscape for digital assets in a post U.S. election world.

Strive ventures into Bitcoin with new wealth management division

Strive Enterprises, Inc. has launched a wealth management business in Dallas, Texas, with plans to integrate Bitcoin into mainstream investment portfolios. This move is part of Strive’s broader strategy to offer clients a hedge against economic risks like high debt…

Florida has $800m in crypto-related holdings: CFO

Florida Chief Financial Officer Jimmy Patronis revealed that the state holds approximately $800 million in crypto-related investments as part of its portfolio, a position he discussed during a CNBC interview.

How a Small Crypto Investment Can Improve Your Portfolio

A well-balanced portfolio that includes cryptocurrencies like bitcoin or ether has the potential to offer superior returns and a higher Sharpe ratio compared to traditional portfolios made up solely of equities, bonds, or other assets, says Timothy Burgess.