What is the grayscale Bitcoin Trust?

The Grayscale Bitcoin Trust is a traditional financial product that allows institutional investors to gain exposure to bitcoin. The Grayscale Bitcoin Trust is the world’s largest bitcoin fund and the first investment vehicle of its kind to report financials regularly to the U.S. Securities and Exchange Commission (SEC).

Does grayscale own GBTC?

Grayscale operates the Grayscale Bitcoin Trust (GBTC), which has $10 billion-plus in assets under management. Digital Currency Group (DCG) has started selling holdings in several investment vehicles run by its subsidiary and digital assets manager Grayscale at a steep discount, according to a Financial Times report citing U.S. securities filings.

What's going on with grayscale's Digital Currency Group (DCG)?

(YCharts) Investors in the trust have recently put increasing pressure on Grayscale parent Digital Currency Group (DCG), headed by Barry Silbert, to address the massive discount.

Who is grayscale investments?

Established in 2013, Grayscale Investments is a digital currency asset manager. It offers funds privately for institutional and accredited investors and publicly-traded products. Grayscale was the world’s largest asset manager for digital currency, as of December 2021, with more than $50 billion in assets under management.