Shares of Bitcoin Investment Trust (OTCMKTS:GBTC) had their highest close on Friday since going public in May.
The shares gained another $5.00 (8.6%) to close at $63.00. On Wednesday, they hit an intraday high of $72.50 but closed at $55.25 in volatile trade. The recent highs are technically new records for the shares in their 7-month public history, with the possible exceptions of “outlier” trades from shortly after secondary trading debuted.
Wednesday’s and Friday’s respective GBTC volumes of 36,300 and 63,400 were the highest since bitcoin’s surge to above $500 in early November. At the time, bitcoin’s reported volumes also hit new records, which were recently eclipsed.
http://www.financemagnates.com/cryptocurrency/trading/shares-of-bitcoin-investment-trust-gbtc-close-at-record-high/
