Tag Archives: OTC

Bitcoin Investment Trust Creator Has Raised Record $330 Million This Year

Ten months into a bear market that has seen cryptocurrency prices decline approximately 75 percent from their all-time highs, analysts differ on whether the bitcoin price has found a bottom or could continue to decline over a time horizon as long as 18 more months. However, Grayscale Investments, the crypto investment firm that created the publicly-quoted Bitcoin Investment Trust (OTC: GBTC), said that it had raised a record amount of funds through the first three quarters of the year. Continue reading Bitcoin Investment Trust Creator Has Raised Record $330 Million This Year