Disclaimer: The TipRanks Smart Score performance is based on backtested results. Backtested performance is not an indicator of future actual results. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. Changes in these assumptions may have a material impact on the backtested returns presented. Certain assumptions have been made for modeling purposes and are unlikely to be realized. No representations and warranties are made as to the reasonableness of the assumptions. This information is provided for illustrative purposes only. Backtested performance is developed with the benefit of hindsight and has inherent limitations. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Actual performance may differ significantly from backtested performance. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. Please note all regulatory considerations regarding the presentation of fees must be taken into account. No cash balance or cash flow is included in the calculation.
FAQs
Who owns Grayscale Bitcoin Trust? GBTC Stock Ownership - TipRanks.com? ›
According to the latest TipRanks data, approximately 88.22% of Grayscale Bitcoin Trust (GBTC) stock is held by retail investors. Who owns the most shares of Grayscale Bitcoin Trust (GBTC)?
| Fund/Manager Name | % of Portf. | Change in Shares |
|---|---|---|
| Horizon Kinetics Asset Management Murray Stahl | 13.88% | $9.85 (+332.5%) |
| Susquehanna International Group Llp | 0.93% | $48.9 (-12.9%) |
| Millennium Management Israel Englander | 0.07% | $48.9 (-12.9%) |
| Multicoin Capital Management LLC | 22.87% | $48.9 (-12.9%) |
As the Products' sponsor, how does Grayscale ensure the safety of the Products' underlying digital assets? Each Product's assets are stored in offline storage, or “cold” storage, with Coinbase Custody Trust Company, LLC, as (the “Custodian”).
What is GBTC backed by? ›GBTC is sponsored by Grayscale, one of the the world's leading crypto asset managers with over a decade of experience operating crypto investment products.
Is grayscale bitcoin a good investment? ›Grayscale Bitcoin Trust ETF is not only a convenient way to invest in Bitcoin but also a very large and popular ETF in its niche. As of June 2024, it averaged about 5.5 million shares traded daily and managed more than $19.13 billion in assets under management (AUM).
Who are the largest shareholders of Grayscale? ›| Holder | # of Shares | Value |
|---|---|---|
| Morgan Stanley Variable Insurance Fund Inc. | 297,124 | 14,027,224 |
| David Costen Haley | 233,187 | 11,008,758 |
| Paul B. Thompson | 74,522 | 3,518,184 |
| Colin Cox | 41,038 | 1,937,404 |
Institutional Ownership and Shareholders
Grayscale Bitcoin Trust (BTC) (US:GBTC) has 687 institutional owners and shareholders that have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC). These institutions hold a total of 60,054,252 shares.
But investors shouldn't worry, Grayscale said. The decline was largely expected, as 10% of the bitcoin held by the fund was spun off to create the Grayscale Bitcoin Mini Trust. 1 The additional drop could be attributed to changes in bitcoin's price, which trended about 2% lower in recent trading.
How long do you have to hold GBTC? ›GBTC shareholders will not need to pay any consideration, exchange or surrender existing GBTC Shares, or take any other action to receive BTC Shares. On and after July 30, 2024, anyone who purchases GBTC shares will not be entitled to receive BTC shares in the Initial Distribution.
Who owns Grayscale Ethereum trust? ›The ownership structure of Grayscale Ethereum Trust (ETH) (ETHE) stock is a mix of institutional, retail and individual investors. Approximately 2.64% of the company's stock is owned by Institutional Investors, 0.00% is owned by Insiders and 97.36% is owned by Public Companies and Individual Investors.
Why buy GBTC instead of Bitcoin? ›
What Makes GBTC Different From Directly Owning Bitcoin? GBTC offers a way to invest indirectly in bitcoin through an exchange-traded fund and gain exposure to bitcoin price movements. Owning bitcoins directly means you actually own the individual tokens.
Who is the owner of Grayscale? ›Barry Silbert - Founder and CEO of Grayscale Investments and Digital Currency Group | CoinMarketCap.
What are the risks investing in GBTC? ›GBTC Investment Risk. The Fund intends to obtain investment exposure to Bitcoin, indirectly through investments in shares of GBTC, as well as synthetic exposure to GBTC through derivatives. The price of GBTC shares may not directly correspond to the price of any digital currency and are highly volatile.
What is the future prediction for GBTC? ›The Grayscale Bitcoin Trust price prediction for next week is between $ 75.48 on the lower end and $ 87.48 on the high end. Based on our GBTC price prediction chart, the price of Grayscale Bitcoin Trust will increase by 15.91% and reach $ 87.48 by Jul 08, 2024 if it reaches the upper price target.
Is GBTC a buy sell or hold? ›The Grayscale Bitcoin Invt Tr stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock.
How much Bitcoin does Grayscale Bitcoin Trust own? ›Grayscale Bitcoin Trust (GBTC) holds 222,305.0 BTC as of September 10, 2024. (1). Grayscale Digital Large Cap Fund is holding about 5,995 BTC as of January 18, 2024. Get Bitcoin charts, data and stats with Bitbo Charts.
Who are the institutional investors in Grayscale Bitcoin Trust? ›Institutional and Fund Ownership - Buyers
Safra Sarasin Holding AG, Harber Asset Management Llc, Nbc Securities, Inc., Citadel Advisors Llc, Cerity Partners LLC, Sanctuary Advisors, LLC, Abacus Planning Group, Inc., and InterOcean Capital Group, LLC .
Grayscale Investments's top competitors include Celsius, Babel Finance, and Galaxy Digital.