Grayscale Bitcoin Trust (BTC) is a way to invest in bitcoin prices on the stock market.  It is an investment security trust trading on the stock market exchange and it seeks to correlate bitcoins prices rather than having to own the bitcoin as an investor.  The symbol is $GBTC.  It is a high risk OTC (over the counter) which means this security is subject to high volatility and liquidity.  What that means is it can be difficult to buy or sell this investment due to availability therefore it is not suitable to someone who wants easy in and out of a position.  It is also extremely high risk.

I like this security regardless because I believe bitcoin will continue to grow in the number of people who buy it as well as I believe over time the price will continue to go up.  There is great demand for something besides traditional currencies and the standard banking experiences by younger investors who are comfortable with the digital world and do not require a physical building such as a bank or a coin or dollar bill in order to invest.

Bitcoinos are digital assets that are created and transmitted through the operations of the peer-to-peer bitcoin network, a decentralized network of computers that operates on cryptographic protocols.The investment objective of Grayscale Bitcoin Trust is for the shares (based on bitcoin per share) to reflect the value of the bitcoins held by BTC, determined by reference to the bitcoin index price, less the BTC’s expenses and other liabilities. The activities of BTC include issuing baskets in exchange for bitcoins transferred to the BTC as consideration in connection with the creations.