Will GBTC come to Wall Street as an ETF?

Grayscale’s GBTC trust is one of the largest funds for holding Bitcoin in the world, and it’s entirely comprised of Bitcoin. This is the product that most crypto bulls are looking for; those unsatisfied with the BITO ETF are looking to see GBTC come to Wall Street as an ETF. Well, Grayscale is heeding these wishes.

What is a bitcoin futures ETF?

Like the value of Bitcoin itself, these ETFs are highly volatile. A Bitcoin futures ETF is an exchange-traded fund composed of assets related to Bitcoin's price. They are traded on a traditional exchange instead of a cryptocurrency exchange. Currently, the underlying assets within Bitcoin futures ETFs are Bitcoin futures contracts.

How much does it cost to buy a bitcoin ETF?

Here’s why: Cryptocurrency exchanges typically charge one-time fees to buy and sell Bitcoin, while owning a Bitcoin ETF incurs an annual expense ratio fee. Say you want to buy Bitcoin on the exchange Coinbase. You would likely pay around 0.5% of your purchase price as a fee.

What does GBTC stand for?

Data temporarily not available. Bitcoin ETFs Face a Critical Deadline. What It Means for the Token. Coinbase Wants to Diversify Revenues. For Now, It's Still All About Bitcoin. View the latest Grayscale Bitcoin Trust (GBTC) stock price and news, and other vital information for better exchange traded fund investing.