The Importance of a Bitcoin Trust & why do we have themWe all know the term NOT YOUR KEYS NOT YOUR CRYPTO so why would anyone invest into a CRYPTOCAP:BTC TRUST? How do we benefit from this & should we hold it long term?
Before I answer this let me give you a understanding of (GBTC).
Grayscale’s Bitcoin Trust (GBTC) is a financial product that allow
Key stats
About Grayscale Bitcoin Trust (BTC)
Home page
Inception date
Jan 11, 2024
Structure
Grantor Trust
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
39.60%
Primary advisor
Grayscale Investments LLC
Established in 2013, GBTC boasts a lengthy track record as one of the pioneering publicly traded Bitcoin funds. Functioning as one of the initial securities exclusively and passively dedicated to Bitcoin, Grayscale Bitcoin Trust allows investors to participate in BTC while eliminating the complexities associated with the direct acquisition, storage, and safekeeping of BTC. As an actively traded spot Bitcoin ETF, GBTC provides investors with considerable flexibility in managing their positions.
Classification
Symbol
Geography
Global
Cup and Handle Formation Spotted On GBTCWe want to share an interesting pattern on the monthly GBTC – Grayscale Bitcoin Trust chart. It’s a nice bullish cup and handle pattern, where the handle is supported by a 20-month moving average. Cup and Handle is a bullish pattern that can push GBTC, Bitcoin and the whole Crypto market higher at t
GBTC Is Looking For A Bullish Resumption After Bitcoin HalvingWe talked about bullish GrayScale Bitcoin Investment Trust (GBTC) already back on February 28th with a weekly free chart, where we mentioned and highlighted an ongoing five-wave impulsive bullish cycle.
Well, as we actually expected, after GBTC reached all-time highs, we can see a projected slow do
Bitcoin ETF: Sideways Action to Pattern Out Excessive GainsProbably the most popular Stock Exchange Traded Bitcoin Trust at this time, AMEX:GBTC has started a consolidation that may turn into a small triangle formation. Triangles are a form of a consolidation that can work to pattern out excessive price gains without a run or correction down.
This is the
GBTC: SAME 2016 PATTERN?Hi guys,
I was looking on GBTC chart and I saw this pattern that seems too similar to first cycle for Grayscale.
Rsi moved quite similar, if we see the same scenario Btc could drop 40-50% just 1 week later the Halving, but who knows.
Is this relevant for who has bought the low? Obviously not, so f
Gbtc end of era or bitcoin new bear market Its look like we are going to new bear market
In btc Am not sure of this
But this analysis shows gbtc already topped
By fake breakout of triple top
And 3 tops on volume bars
Also every time on tops volume on gbtc going to much high
So were we are going?
We will get correction
In volume or in pri
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Curated watchlists where GBTC is featured.

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Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
GBTC trades at 84.31 USD today, its price has fallen −2.72% in the past 24 hours. Track more dynamics on GBTC price chart.
GBTC net asset value is 84.34 today — it's risen 12.69% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
GBTC assets under management is 20.33 B USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
GBTC price has risen by 12.24% over the last month, and its yearly performance shows a 38.60% increase. See more dynamics on GBTC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 12.69% over the last month, showed a 27.81% increase in three-month performance and has increased by 13.82% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 12.69% over the last month, showed a 27.81% increase in three-month performance and has increased by 13.82% in a year.
GBTC fund flows account for −5.46 B USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
GBTC expense ratio is 1.50%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, GBTC isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, GBTC technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating GBTC shows the strong buy signal. See more of GBTC technicals for a more comprehensive analysis.
Today, GBTC technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating GBTC shows the strong buy signal. See more of GBTC technicals for a more comprehensive analysis.
No, GBTC doesn't pay dividends to its holders.
GBTC trades at a premium (0.04%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
GBTC shares are issued by Digital Currency Group, Inc.
GBTC follows the CoinDesk Bitcoin Price Index - Benchmark Price Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 11, 2024.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.