mmortal03
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April 03, 2018, 07:27:10 PM |
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NEW YORK, April 2, 2018 /PRNewswire/ --
Grayscale Investments, LLC, in its role as agent (the "Agent") of the shareholders of record as of December 4, 2017 (the "Record Date Shareholders") of Bitcoin Investment Trust (GBTC) (the "Trust"), announced today that, on behalf of the Record Date Shareholders, it has completed the liquidation of approximately 172,244 Bitcoin Gold tokens, the rights to which were distributed to the Record Date Shareholders on December 4, 2017.
On December 4, 2017, pursuant to the terms of the Trust Agreement governing the Trust, the Trust, acting on behalf of the Record Date Shareholders, appointed the Agent and distributed all of the rights to Bitcoin Gold tokens then held by the Trust to the Record Date Shareholders by transferring such rights to the Agent.
On March 14, 2018, the Bitcoin Gold tokens became accessible to the Agent. On behalf of the Record Date Shareholders, the Agent subsequently exercised the rights it held with respect to the Bitcoin Gold tokens and liquidated the Bitcoin Gold tokens over a period of 14 days.
In connection with the foregoing, the Agent will remit the cash proceeds from the liquidation of the Bitcoin Gold tokens, net of the administrative and other expenses incurred by the Agent in connection with the liquidation, to the Record Date Shareholders on April 3, 2018. Each Record Date Shareholder will receive $0.056478 per share.
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WasTriffin ..
Good to hear it finally happened. I think the BCH dividend, pre-split, was something like $113 per share. This, for comparison, would have been ~$5.14 per share, pre-split. That's about a 4.54% ratio, a little less than the current 6.63% BTG to BCH ratio.
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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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Bitcoinaire
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May 15, 2018, 12:52:33 PM |
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Any thoughts on ETCG? It had a huge pump last week.
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mmortal03
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June 26, 2018, 05:52:50 PM |
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This breakdown will yield another major wave of selling, taking GBTC to nearly $5/share.
Not if I buy the dip!
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mmortal03
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July 02, 2018, 10:58:35 PM |
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GBTC went up almost 20% today.
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MrSunshine
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August 23, 2018, 12:43:17 PM |
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SEC rejects Bitcoin ETF applications again. It looks like GBTC will be the only "easy" BTC fund for awhile, at least for US customers. We should see a modest price increase.
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MrSunshine
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August 23, 2018, 05:52:39 PM |
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Yes, I have heard about these, but they are not listed by my broker, still not easy/widespread.
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GangNamSK
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August 25, 2018, 11:54:12 PM |
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SEC rejects Bitcoin ETF applications again. It looks like GBTC will be the only "easy" BTC fund for awhile, at least for US customers. We should see a modest price increase.
That will surely happen. And the ETF is not good enough to resist. Now investors are very interested and alert to invest.
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mmortal03
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August 30, 2018, 09:59:05 AM |
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MrSunshine
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August 30, 2018, 01:19:45 PM |
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TLDR, does anybody see anything significant in the changes?
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Vlad2Vlad
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www.ixcoin.net
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August 31, 2018, 12:24:22 PM |
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TLDR, does anybody see anything significant in the changes? With Coinbase’s custody plans buying the illiquid GBTC seems kind of silly. Plus soon we should see real ETFs.
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iXcoin - Welcome to the F U T U R E!
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MrSunshine
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September 05, 2018, 07:28:13 PM |
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TLDR, does anybody see anything significant in the changes? With Coinbase’s custody plans buying the illiquid GBTC seems kind of silly. Plus soon we should see real ETFs. - Can't buy Coinbase in my IRA - Been hearing ETF's around the corner for a long time, it could actually be years.
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gentlemand
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Welt Am Draht
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September 09, 2018, 10:10:36 PM |
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SEC rejects Bitcoin ETF applications again. It looks like GBTC will be the only "easy" BTC fund for awhile, at least for US customers. We should see a modest price increase.
https://twitter.com/SEC_News/status/1038905740222779394The SEC just suspended Bitcoin Tracker One trading, the Swedish ETN. So it looks like GBTC is officially back to being the only game in town for Americans and their investment accounts.
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mmortal03
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September 10, 2018, 02:43:59 PM |
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SEC rejects Bitcoin ETF applications again. It looks like GBTC will be the only "easy" BTC fund for awhile, at least for US customers. We should see a modest price increase.
https://twitter.com/SEC_News/status/1038905740222779394The SEC just suspended Bitcoin Tracker One trading, the Swedish ETN. So it looks like GBTC is officially back to being the only game in town for Americans and their investment accounts. So, trading resumes on the 20th with these?: "commencing at 5:30p.m.EDT on September 9, 2018, and terminating at 11:59 p.m. EDT on September 20, 2018. The Commission temporarily suspended trading in the securities CXBTF and CETHF because of confusion amongst market participants regarding these instruments." https://www.sec.gov/litigation/suspensions/2018/34-84063.pdf
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marcus_of_augustus
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Eadem mutata resurgo
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September 10, 2018, 11:44:05 PM |
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SEC rejects Bitcoin ETF applications again. It looks like GBTC will be the only "easy" BTC fund for awhile, at least for US customers. We should see a modest price increase.
https://twitter.com/SEC_News/status/1038905740222779394The SEC just suspended Bitcoin Tracker One trading, the Swedish ETN. So it looks like GBTC is officially back to being the only game in town for Americans and their investment accounts. CITI has some kind of "depository receipt notes" that it has got clearance to trade ... "soonish" I guess.
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mmortal03
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October 01, 2018, 04:52:17 AM |
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lol, regarding CXBTF: "OTC Markets Group Inc. ("OTC Markets") has discontinued the display of quotes on www.otcmarkets.com for this security because it has been labeled Caveat Emptor (Buyer Beware). OTC Markets Group designates certain securities as “Caveat Emptor” and places a skull and crossbones icon next to the stock symbol to inform investors that there may be reason to exercise additional caution and perform thorough due diligence before making an investment decision in that security." https://www.otcmarkets.com/stock/CXBTF/quote
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gentlemand
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Welt Am Draht
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October 02, 2018, 10:42:47 AM |
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lol, regarding CXBTF: "OTC Markets Group Inc. ("OTC Markets") has discontinued the display of quotes on www.otcmarkets.com for this security because it has been labeled Caveat Emptor (Buyer Beware). OTC Markets Group designates certain securities as “Caveat Emptor” and places a skull and crossbones icon next to the stock symbol to inform investors that there may be reason to exercise additional caution and perform thorough due diligence before making an investment decision in that security." https://www.otcmarkets.com/stock/CXBTF/quoteDoes that mean it's available to Americans again despite that warning? I don't know if it's good or bad that after all this time gbtc is still the go to choice. For starters it would be healthier for all to have somehow erased whatever premium there is. It could doubly have stung buyers as it was so high at certain points
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mmortal03
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October 03, 2018, 01:02:52 AM |
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Time to buy the dip?
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