The Bitcoin Investment Trust offers the first publicly quoted securities which derive value from the Bitcoin price. BIT is publicly quoted on the OTCQX®.
GBTC is sponsored by Grayscale Investments, which believes “digital currencies are poised to radically transform our financial system.” The firm wishes to offer investors “an established, trusted and accountable partner that can help them navigate the gray areas of digital currency investing.” The firm also refers to Bitcoin as “the Internet of money.”
http://bitcoinist.net/bitcoin-investment-trust-surges-amid-stock-volatility/
