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An Odd Day for GBTC: Shares Trade Below Bitcoin Value – Finance Magnates

Monday 26th, October 2015 / 20:49
An Odd Day for GBTC: Shares Trade Below Bitcoin Value – Finance Magnates

Finance Magnates

An Odd Day for GBTC: Shares Trade Below Bitcoin Value
Finance Magnates
Units of the fund, when originally launched, represented one tenth of a bitcoin (accounting for the annual management fee of 2%, units now represent 0.09604763 BTC). The shares became the first publicly traded investment vehicle in bitcoin, gaining …

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