Who owns grayscale Bitcoin Trust (GBTC)?

NEW YORK-- ( BUSINESS WIRE )--Digital Currency Group, Inc. (“ DCG ”), the parent company of Grayscale Investments, LLC, has authorized the purchase by DCG of up to a total of $1 billion worth of shares of Grayscale Bitcoin Trust (OTCQX: GBTC).

What is grayscale crypto?

Grayscale is the world’s leading crypto asset manager by assets under management. We transform disruptive technologies of the future into investment opportunities today. Grayscale Crypto Sectors divide the crypto landscape into 5 useful categories: Currencies, Smart Contract Blockchains, Financials, Consumer and Culture, and Utilities and Services.

Who is grayscale securities?

Grayscale Securities,a new broker-deal division, will handle selling shares of the company’s crypto trust products, taking over a function previously provided by fellow Digital Currency Group subsidiary Genesis Global Trading.

What is a grayscale ETF?

Grayscale’s publicly-traded funds give you crypto exposure through your brokerage account. Private placements give accredited investors access to crypto in a familiar investment vehicle. Grayscale ETFs offer curated access to crypto and the digital economy.