What is GBTC and How Do I Invest in Bitcoin?

We get it. For the average investor, gaining exposure to digital currencies like bitcoin has been challenging. Bitcoins don’t trade on traditional exchanges, don’t flow through the same settlement systems as stocks or bonds, and require technological know-how to store them safely and securely.

Fortunately, you can invest in bitcoin without actually having to buy bitcoin itself through Grayscale Bitcoin Trust (symbol: GBTC), an investment vehicle that enables any investor to gain exposure to the price movement of bitcoin.

GBTC is the only U.S.-based publicly quoted bitcoin investment product and the largest bitcoin investment product globally. GBTC holds more than 1.2% of the outstanding bitcoin supply[1].

GBTC offers you an easier way to add exposure to the world’s newest asset class in your investment portfolio. Initially launched as a private placement in 2013, Grayscale Bitcoin Trust debuted on the OTCQX® Best Market, under the symbol GBTC in May 2015. Grayscale Bitcoin Trust is designed to have its share value reflect the price performance of bitcoin less fees and expenses, and help investors gain exposure to bitcoin through their investment accounts, including tax-advantaged accounts such as IRAs and 401(k)s. GBTC is modeled after popular commodity ETFs, making the product’s structure familiar to financial and tax advisors. We admit it… gold got something right!

Whether you personally manage your investments or work with a financial advisor, buying, and selling GBTC is as accessible as buying or selling any other U.S.-listed security. Investors can buy and sell shares of GBTC throughout the trading day at prices dictated by the market. It’s really that simple.

The idea of wallets, storage, and new accounts can be a major hurdle for investors, but Grayscale Bitcoin Trust makes bitcoin investing simple. To learn more about why investors are adding bitcoin exposure to their portfolios, we encourage you to review our Bitcoin and the Rise of Digital Gold report.  

[1] [**as of  May 1, 2019]

Disclaimer: Investments in Grayscale Bitcoin Trust are speculative investments that involve high degrees of risk, including loss of invested funds. Grayscale products are not suitable for any investor that cannot afford loss of the entire investment. Go to OTC Markets or our website Grayscale.co for the annual report, which includes investment objectives, risks, fees and expenses, or Grayscale.co for more information on Grayscale and our other investment vehicles. Read these materials carefully before investing. This content is not intended to be a solicitation for the creation of new shares.

Where you can find GBTC

Invest in GBTC today at any of the following brokerage firms:

Click to learn more about GBTC’s credentials and capabilities.

 

View Infographic