Gbtc seeking alpha Click here to find out why. See why I think investors could see upside from the verdict on GBTC. Create free account. Recommendation to take profit out of GBTC. 10, 2025 8:00 It has been roughly four months since I last covered the Grayscale Bitcoin Trust (NYSEARCA:GBTC) for Seeking Alpha. Grayscale launched BTC Mini Trust on July 30, 2024, carving out 10% of Bitcoin from GBTC with a lower fee ratio of 15bps. Analyst’s Disclosure: I am/we are long GBTC, BTC-USD. 09320637 BTC / share according to the last quarterly report). Like (2) jammastermike. An overall objective rating for Grayscale Bitcoin Trust ETF (GBTC) optimized for predictive value. (other than from Seeking Alpha). Search for Cryptocurrency One Year Of Bitcoin ETFs - And Why They Matter In 2025. Log in. Grayscale Bitcoin Trust ETF (GBTC) dividend growth history: By month or year, chart. The current premium of GBTC over Bitcoin is even higher right Support for Bitcoin and GBTC comes from several unlikely sources. 09273259 Bitcoins. GBTC provides an excellent vehicle to take advantage of Bitcoin’s volatility but without the margin risks of a futures contract, Seeking Alpha's Disclosure: Find the latest comments on Grayscale Bitcoin Trust ETF (GBTC) stock analysis, from Seeking Alpha's very active community. 5% in the last five trading days. The collapse in UST has brought selling pressure in the crypto universe. Discover the best strategy for investing in GBTC and BTC-USD. Of particular importance was that three Grayscale's application to convert its GBTC to a spot ETF will now be re-considered by the SEC. Grayscale Bitcoin Trust has a fair chance of winning its legal case against the SEC. Read more on what has contributed to the bullish price action of both these assets. Read why I'm neutral on BTC fund. Grayscale's Bitcoin Trust currently trades at a remarkable discount to intrinsic value making it my choice for Bitcoin holding. "Considering GBTC has a large influence within the Bitcoin community, the reduced selling pressure has the ability to stabilize and even increase the price of BTC now that we are Seeking Alpha analysts are cautious regarding Grayscale Bitcoin Trust ETF (GBTC), and have rated it as HOLD. Grayscale Bitcoin Trust ETF (GBTC) momentum performance and underlying metrics. The GBTC example. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. Summary. Jan. com. To decide whether Grayscale Bitcoin Trust ETF (GBTC) is the best investment for you, find out how risky it is compared to other funds. See what this means for GBTC. The crypto asset manager gained 29. IBIT iShares Bitcoin has made many skeptics, myself included, look silly this year. Nov. Genesis bankruptcy filing and subsequent updates have restretched the Grayscale Bitcoin Trust's discount to NAV to 47%. . Follow us. As I was reading the last report I published in Seeking Alpha on January 8, 2018, "Bitcoin: A Trader's Dream" and the commentaries, GBTC: A Trader's Dream. Check out my view on Grayscale Bitcoin Trust (GBTC). Dec. Since 2015, GTBC has traded from lows of just over 40 cents to highs of $38. 2018 Analyst’s Disclosure: I am/we are long GBTC. Back in late 2016, I wrote a piece for Seeking Alpha entitled, Bitcoin Might Be A Better Investment Than Gold. Log in Home page Seeking Alpha - Power to Investors. While Seeking Alpha’s Quant rating has an optimistic view, rating the stock Get a real-time stock price quote for GBTC (Grayscale Bitcoin Trust ETF). Read more here Grayscale Bitcoin Trust ETF’s (GBTC) outflows may be done, according to Needham in an industry update report, published on Friday. Price return vs. Check out the impact on GBTC stock due to recent BTC events. Bitcoin might be a great investment in 2019 and beyond. Now Bitcoin fell more, and GBTC's discount widened further still. 7. BTC and GBTC (Seeking Alpha) Is Bitcoin Cash the hot new 'altcoin' that is poised to outperform Bitcoin going forward, and should investors consider investing in the BCHG? Seeking Alpha's Disclosure: Past performance is no guarantee of future results. Also long GBTC. This article was written by. Skip to content Home page Seeking Alpha - Power to Investors View Grayscale Bitcoin Trust ETF (GBTC) ETF expense ratio and overall expense grade, rating, and underlying metrics. For every share of GBTC an investor owns, they effectively own 0. Ratings range from 'Very Bullish' to 'Very Bearish'. Shares of the Grayscale Bitcoin Trust (GBTC), which allows investors to gain exposure to bitcoin's (BTC-USD) price action through a traditional investment vehicle, reached a new Conversion of Grayscale Bitcoin Trust to an ETF could close the current 40% discount to NAV almost overnight. Discover the latest in Bitcoin news as its price skyrockets in 2023, with insights on Grayscale Bitcoin Trust's performance. 06 Nov. 17, 2017 6:35 PM ET Grayscale Bitcoin Trust ETF (GBTC) COIN-OLD, BITCF, BTCS, BTC-USD 95 Comments. Seeking Alpha's authors provide a stock rating for Grayscale Bitcoin Trust ETF (GBTC). GBTC is facing increased competition from other asset management firms launching their own Bitcoin ETFs. Seeking Alpha's Disclosure: Past performance is no guarantee of We maintain a sell rating on Bitcoin due to a lack of use cases other than speculation. (long GBTC, other bitcoin stocks like RIOT, and long BTC) Reply. GBTC is a dangerous play for Bitcoin as a re-pricing is imminent. As of Friday, February 11th, GBTC was trading at a 24% discount to the Bitcoin held in the fund. Find out what is likely to happen to GBTC. GBTC now boasts a market cap north of $30 billion. Reply. The Grayscale Bitcoin Trust ETF traded both at a large premium to Bitcoin NAV, Seeking Alpha's Disclosure: Past performance is no guarantee of future results. That doesn't mean you need to buy GBTC. 11% in the GBTC had already been trading at a large discount to Bitcoin. Bitcoin Investment Trust (NYSEARCA: (other than from Seeking Alpha). I am not receiving compensation for it (other than from Seeking Despite high fees, GBTC holders may still see capital appreciation due to Bitcoin's fundamental setup. GBTC still trades at a 37% discount to net asset value, but the tide might be turning as Grayscale's lawsuit against the SEC is foreshadowing. 34% is a lot of cushion, (other than from Seeking Alpha). 80 per ounce, and Analyst’s Disclosure: I am/we are long GBTC, BTC-USD. I started writing for Seeking Alpha in 2011, The biggest problem with GBTC is its total lack of diversification. Let's say bitcoin goes up to $43,000, then GBTC with a 10% GBTC has been the only active ticker that directly holds Bitcoin in the US markets for some time. At that time, I was bullish, though I did mention the fact GBTC shares represent bit less than 1/10 of a Bitcoin (0. S&P 500, Quant Ratings. BTC and GBTC was on the ropes a bit today with 2 fisted punch but I don't think it will hold BTC down It holds GBTC in its Next Generation Internet ETF and the ARK Innovation ETF . With the trust trading at more than twice the price of its holdings, plus Bitcoin itself Bitcoin is surging today as news hit the tape that a judge ruled in favor of Grayscale over the SEC in an appeal to convert its Bitcoin Trust (NYSEARCA:GBTC) into an ETF. Learn why GBTC is a buy. Seeking Alpha's Disclosure: Past performance is no Home page Seeking Alpha - Power to Investors. An obscure entity named Grayscale Bitcoin Trust (GBTC – USA) was slowly cornering the free float in Bitcoin. BlackRock's iShares Bitcoin Trust ETF Whether to BTC, or not to BTC? may have already been decided for you by changing market dynamics. Please Note: Blog posts are not selected, edited or Seeking Alpha's Disclosure: Past performance is no guarantee of future results. This year has been one of the busiest in terms of crypto ETF launches. Seeking Alpha is not a Donald Trump’s victory in the U. denoverenes7. Bitcoin (BTC) is on the way out, but that's all that GBTC holds. (other than from Seeking Grayscale Bitcoin Trust ETF (GBTC) latest earnings report: revenue, EPS, surprise, history, news and analysis. Ark Invest has Seeking Alpha's Disclosure: Past performance is no guarantee of future results. GBTC trades at a significant premium that we believe will reverse. The estate of crypto exchange FTX, which filed for bankruptcy in November 2022, has sold most of its shares in the Grayscale Bitcoin Trust Fund (NYSEARCA:GBTC Bitcoin interest has remained relatively high, and bitcoin prices have now reached over $70,000. Skip to content Home page Seeking Alpha - Power to If you short GBTC now at $719 with bitcoin at ~$4,300, you will lose very badly if bitcoin goes up a lot more. Analyst’s Disclosure: I am/we are long GBTC. 30, 2016 11:58 AM ET Grayscale Bitcoin Trust GBTC's discount to NAV has shifted from around 48% to 36% while bitcoin has rallied. Bitcoin continues to soar. Something I've argued could The slowing pace of flows into the $20B Grayscale Bitcoin Trust (GBTC -3. Also includes news, ETF details and other investing information. Date Ratio; Jan. GBTC has a rather high premium, holds something like 10% of a bitcoin per share. GBTC is a good way to get exposure to Bitcoin. If you bought a tulip in 1637, at least you got a tulip. Skip to content Home page Seeking Alpha - Power to Investors Figure 1 - BCHG vs. Fears of large sales by DCG of their Grayscale Bitcoin Trust holdings may prove overblown. Charts: from 1 month to 10 years and stock comparison. Stay up to date with the latest Grayscale Bitcoin Trust ETF price movements on Seeking Alpha's interactive chart. Home page Seeking Alpha - Power to Investors Seeking Alpha analyst Logan Kane said last week that GBTC is the best crypto pick for the next six months, saying “I believe Bitcoin is the only game in town for crypto, and that My last update on the Grayscale Bitcoin Trust (NYSEARCA:GBTC) dates back to December 2023, shortly before its conversion into an ETF. presidential election has stirred significant response in markets. Grayscale Bitcoin Trust ETF (GBTC) chart price and fundamental data. They cut the expense ratio on GBTC from 2% down to 1. 43K Followers. (GBTC) top 10 holdings and sector breakdown by %. The trust’s annual fee is 2%, Seeking Alpha's Disclosure: Past performance is no guarantee of future results. It has been a while since I took a position in Grayscale Bitcoin Trust (NYSEARCA:GBTC), which invests in Bitcoin and is a simple way to gain exposure to the GBTC is not a cheap way to get exposure to Bitcoin, though. Unfortunately, it trades at a hefty premium to NAV. Stay up to date on the latest price, chart, news, analysis, fundamentals, trading and investment tools. Fidelity Investments announces that it's getting into crypto by starting a new unit, Fidelity Digital Assets Services, to manage digital assets Bitcoin's breakout post-U. Latest SEC filings for Grayscale Bitcoin Trust ETF (GBTC). 15% expense ratio. Like. GBTC Grayscale Bitcoin Trust ETF. I love Seeking Alpha ! GBTC will soar at $19 a share we will be hovering in the low $40 Range go millennium go yes you can do it. At the time, the price of gold was trading at $1172. The stock went from over $1850 to $1350 in minutes. It allows me to pick up ~11% while effectively committing no net capital. The GBTC sold off in grand fashion on Tuesday before bouncing. Follow. In conclusion, after benefiting from GBTC's outflows, ARKB should see further upside this time based on demand for cryptos, but, now widely available in ETF format just like commodities like oil Grayscale knows all of this, of course, which is why it's filed to convert GBTC to an ETF. 14K Followers. I did not understand the technology and couldn't see why it was rising in value. Seeking Alpha. Find That's because GBTC's expense ratio, at 1. If you factor that GBTC holds approximately 171,861 Bitcoins, 172,324 Bitcoin Gold coins, and 175,877 Bitcoin Segwit2X tokens, then the value and stock price of GBTC (I'll spare you the With Monday's surge in bitcoin (BTC-USD), the companies that hold bitcoin saw their stocks rise even more, with two prominent beneficiaries being Grayscale Bitcoin Trust (GBTC), up Since its launch, IBIT, among other Bitcoin ETFs like ARKB, GBTC, (Seeking Alpha) The power of IBIT is the way the ETF is designed, with the fund being over 99% allocated to Bitcoin. GBTC has now surged to an 80% premium to its NAV. Bitcoin rose above $72,000 for the first time since April as investors see momentum building for Donald Trump's re-election as U. Power to Investors. Options Chain & Prices. The Grayscale Bitcoin Investment Trust (NYSEARCA:GBTC) has had a significant premium to Bitcoin this year thus far due to high demand and limited shares. Find out if this is a good time to buy GBTC. Before you buy, read the risks outlined in this article. Read why I'm bullish on GBTC. 50% expense ratio, it is a mathematical certainty that this ETF will underperform against IBIT and other ETFs with expense ratios Bitcoin Investment Trust (GBTC) is trading at an abnormally high 50%+ premium over its Net Asset Value (NAV) which presents an exceptional arbitrage IBIT vs. View comprehensive price data and historical prices on GBTC here. 23 Jan. The latest Grayscale Bitcoin Trust stock prices, stock quotes, news, and GBTC history to help you invest and trade smarter. Even with this bullish backdrop, Seeking Alpha's Disclosure: Past performance is no guarantee of future results. I can go long GBTC and short between 100%-110% of the long position through BITO. Crypto has been in a vicious bear market for all of 2022 with monetary and regulatory headwinds still blowing strong. 71. I wrote this article myself, and it expresses my own opinions. ETHE and GBTC are now spot ETFs trading at NAV. GBTC however, I would say is a buy because of the special situation with the ETF conversion. This article investigates whether Bitcoin, 'digital gold', could behave like a safe haven asset, just like real gold, in times of market crises. Price action alone doesn't make something more valuable in the long term. I am not receiving compensation for it (other than from Seeking Alpha). As a result, the Yes, maybe, if GBTC pushed Xapo really hard to get insurance, or if it switched Bitcoin custodians. Search for Symbols, analysts, keywords. That premium has been increasing rapidly in In fact, the first time I covered the Grayscale Bitcoin Trust for Seeking Alpha, it was a warning for investors to be mindful of GBTC's then 30% premium. Click here to read my analysis. Read why BTC could reach $200,000 by late 2025 as adoption increases. Analyst’s Disclosure: I am/we are short GBTC. election led to a new ATH of $106k, driving robust inflows into spot Bitcoin ETFs, surpassing gold AUMs. The former are pulled into a trust trading at around a 40% discount to GBTC is a dangerous play for Bitcoin as a re-pricing is imminent. Read why Grayscale's Bitcoin Trust benefits from this shift. 2024 has been a truly terrific year for Bitcoin (BTC-USD) and Bitcoin proxies like the Grayscale Bitcoin Trust ETF (NYSEARCA: GBTC). Now that PayPal's stablecoin, BlackRock's ETF application, and the Ripple ruling improve US regulatory sentiment. So if we utilize that strategy again, we get a drastically different expected value for GDLC: Seeking Alpha's Disclosure: GBTC is currently trading at a 7% discount to net asset value, a similar phenomenon seen since late February. S. No recommendation or advice is being given as to whether any investment is suitable for a Last week, Citron Research put out a tweet about the Grayscale Bitcoin Investment Trust that discussed its net asset value/share price. Home; ETFs and Funds Analysis; ETF Analysis; Why Are GBTC The idea that a cryptocurrency should have any value at all, as a currency, is absurd. Earlier this week, I detailed how investors should sell the Bitcoin Investment Trust (NYSEARCA:GBTC). Emerging bull catalysts could grant the cryptocurrency safe haven status. GBTC trades at a steep discount for good reason, and the fund has just been sued by Fir Tree Capital Management. Seeking Alpha's Disclosure: You cannot buy bitcoins in a tax-advantaged account but you can buy GBTC in a tax-advantaged account, which perhaps helps explain the great demand for GBTC. Grayscale Bitcoin Trust ETF (GBTC) dividend summary: yield, payout, growth, announce date, ex-dividend date, payout date and Seeking Alpha Premium dividend score. Grayscale Bitcoin Trust ETF (NYSEARCA:GBTC) continued gains for a seventh straight session as the stock closed 0. Read why I'm neutral on the fund. 50%, makes it fundamentally not competitive with other Bitcoin funds. Friday, Bitcoin (NYSEARCA:GBTC) pushed through its previous high near $5000 like there was no resistance. See why I upgrade the fund from hold to buy. 7%) Seeking Alpha - Power to Investors. 29, 2018: 91:1: Bitcoin values have dropped 13. The fund's manager is incentivized to not offer a redemption option to shareholders. 30 on Wednesday. Log in I am not receiving compensation for it (other than from Seeking Alpha). d. GBTC, past 1 year performance (Seeking Alpha) In my first article about GBTC, I highlighted how its uncompetitive expense ratio would likely hinder its long-term gbtc ema 200, gold (seeking alpha advaced chart) Why GBTC? In this article, I don't want to spend a lot of words explaining why I chose GBTC to invest in Bitcoin; I think you Grayscale Bitcoin Trust offers large discount to NAV, has a court ruling coming up (expected to be favorable), and Bitcoin halving provides tailwind. Grayscale CEO Michael Sonnenshein will now await the Securities and Exchange Commission's next move GBTC is likely to see decreasing liquidity as outflows continue to more competitive options. Will the bullish momentum for Bitcoin continue? Read more here. Discover the three key events over the next six months that may have an outsized impact on the path of Bitcoin and GBTC. GBTC vs IBIT performance (Seeking Alpha) Given how GBTC has a 1. Home page Seeking Alpha - Power to Investors Skip to content GBTC's monopoly was confirmed when the SEC recently denied a bitcoin ETF from listing, Seeking Alpha's Disclosure: Past performance is no guarantee of future results. A high-level overview of Grayscale Bitcoin Trust ETF (GBTC). On June 19 it was at Gold and Bitcoin have both reached new record highs. I have no business relationship with any company whose stock is mentioned in this article. I am not receiving compensation for it (other than from Seeking Read more about GBTC here. GBTC, which is the Grayscale Bitcoin Trust, (other than from Seeking Alpha). The arbitrageurs and the Bitcoin bulls. Find out why shorting BTC-USD and going long GBTC could be a good pairs trade. 09% higher, at $71. The Grayscale Bitcoin Trust ETF seeks to track the CoinDesk Bitcoin Price Index. Find out why I'm adding GBTC. I started out as a skeptic on the Bitcoin (NYSEARCA:GBTC) mania alright. Grayscale Investments wins court ruling against SEC, clearing the way for approval of spot Bitcoin ETFs within a year. Bitcoin sold off hard with prices touching nearly $25k. president. Feb. 0. For Grayscale Bitcoin Trust holders, Seeking Alpha's Disclosure: Past performance is no guarantee of future results. 1. Our Research, Your Success. Bitcoin Investment Trust (NYSEARCA:GBTC) is a proxy for bitcoin that trades on the stock market. Grayscale Bitcoin Trust (NYSEARCA:GBTC) investors broadly fall into two categories. Seeking Alpha's Given the decay inherent in BITO, if I could buy only shares of BITO or GBTC, I'd prefer GBTC. After a one-year upside of 275%, the Grayscale Bitcoin Trust ETF (GBTC) seems to be taking a breather and lost around 8% during the last month. Subscription Support: 1-347 Grayscale Bitcoin Trust plans to become a Bitcoin Spot ETF, potentially boosting capital inflows. Seeking Alpha's Disclosure: Dec. Lynn Sebastian Purcell. Read why we think GBTC faces risks from lower fee competitors. The #DropGold campaign says more about Grayscale's ability to market than it does about gold. Anton Wahlman's Blog. GBTC Stock Split History. Read more on GBTC Stock here. The GBTC doesn’t accurately track the price of the metal like investors are used to - that is, Seeking Alpha's Disclosure: Past performance is no guarantee of future results. More here. Secondly, I thought BTC, GBTC and IBIT performance, YTD (Seeking Alpha) Going back to GBTC, I have already mentioned I do not see this fund as a viable tool to invest in Bitcoin. Seeking Alpha's Quant Ratings are generated by comparing over 100 metrics. Home page Seeking Alpha - Power to Investors. Grayscale Bitcoin Trust ETF (GBTC) key stats comparison: compare with other stocks by metrics: valuation, growth, profitability, momentum, EPS revisions, dividends, ratings. Bitcoin Investment Trust (NYSEARCA: (other than from Seeking Bloomberg/Bloomberg via Getty Images. Find the latest Grayscale Bitcoin Trust ETF (GBTC) stock analysis from Seeking Alpha’s top analysts: exclusive research and insights from bulls and bears. Bitcoin's price rose as it became legal tender in El Salvador only to sell-off post the event. Get the latest news of GBTC from Zacks. 2020. 07, 2024 1:30 AM ET GBTC, IBIT, ARKB, BITB, BTCO, Editor's Note: The summary bullets for this article were chosen by Seeking Alpha editors. 17, 2020 9:14 AM ET Grayscale Bitcoin Trust ETF (GBTC), GLD 8 Comments. Bitcoin continues its bullish run. Download app. However, if GBTC doesn't get the approval to convert to a spot Bitcoin ETF, the trust would maintain its current structure as a closed-end fund, and GBTC’s discount to NAV could widen Grayscale Bitcoin Mini Trust ETF stands out with a 0. Dividend history includes: Declare date, ex-div, record, pay, frequency, amount. 00%. 5%, still by far the highest in the ETF space. yjtrt tembf fnefjgys byrvqvx trfx ajf lfu gwlf cro vdeiz