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GBTC Grayscale Bitcoin Trust
Trading 04-23 13:27:17 EDT
59.44
+0.18
+0.30%
High59.83
Low58.87
Vol2.83M
Open58.94
D1 Closing59.26
Amplitude1.62%
Mkt Cap20.59B
Tradable Cap20.59B
Total Shares346.46M
T/O167.93M
T/O Rate0.82%
Tradable Shares346.46M
P/B--
ROE--
EPS0.00
52wk High--
52wk Low--
P/E--
Dividend--
Div.Yield--
ROA--
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Bitcoin Investment Trust is a private, open-ended trust that is invested exclusively in bitcoin and derives its value solely from the price of bitcoin. It enables investors to gain exposure to the price movement of bitcoin without the challenge of buying, storing, and safekeeping bitcoins. The BIT's sponsor is Grayscale Investments, a wholly-owned subsidiary of Digital Currency Group. As of March 31, 2018, each BIT share represents ownership of 0.00100396 bitcoins. The trust will not generate any income and regularly sells/distributes bitcoins to pay for its ongoing expenses. Therefore, the amount of bitcoin represented by each share gradually declines over time.