Here's the difference. GBTC is a trust that holds bitcoin, but trades like a closed-end fund. Therefore, it can trade at a huge discount or premium to the underlying price to bitcoin, which can ...

With so many strong opinions about the mechanisms behind GBTC and BTC plays, the answer is elusive. Grayscale Bitcoin Trust (GBTC) is an investment vehicle that allows institutional and public ...

If a bitcoin ETF conversion is eventually approved, GBTC's discount could approach 0%, creating an opportunity for investors. If a bitcoin ETF conversion is eventually approved, GBTC's discount ...