BTC aims to track the spot price of Bitcoin, less expenses and liabilities. It intends to provide accessibility to Bitcoin without the complexities of acquiring, holding, and trading directly through a Bitcoin spot market. BTC owns and passively holds actual Bitcoin through their custodian. BTC does not trade, buy, sell or hold Bitcoin derivatives, including Bitcoin futures contracts. Holdings are valued daily based on the CoinDesk Bitcoin Price Index (XBX), which provides a USD-denominated reference rate for the spot price of Bitcoin, which leverages real-time prices from multiple constituent exchanges to provide a representative spot price. Each constituent exchange is weighted proportionally to its trailing 24-hour liquidity with adjustments for price variance and inactivity. At the time of launch, the issuer spun off 10 percent of the assets in GBTC, reduced the expense ratio and handle in order to make the shares more appealing to retail investors. The funds expense ratio and tracking should be reviewed and considered for comparison purposes.
公司网站 :
https://etfs.grayscale.com/btc
总经理:-
建立时间:2024
公司总部:Stamford
领域:Miscellaneous
行业:Investment trusts/Mutual funds