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Author Topic: I googled NYSE ,and it shows bitcoin ,but does it trade there ?  (Read 127 times)
xcaret (OP)
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January 13, 2021, 09:54:21 PM
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I see commodities and mutual funds , as well as index funds listed on the NYSE  . They all have a stock symbol that you just click on and it asks if you want to buy or sell.
Are there any bitcoin brokers listed ?                                                                                           
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bitadelco
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January 14, 2021, 01:40:45 AM
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No - the only tradeable investment instrument with bitcoin exposure is GBTC which is Grayscale's Bitcoin Trust. Note that is comes with a very heavy premium compared to just buying and holding bitcoin yourself, but it has the advantage of living in a potential retirement or investment portfolio with your other assets.
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January 14, 2021, 02:53:05 AM
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AFAIK the only direct bitcoin-related listing on the NYSE is "NYXBT". it's just a bitcoin price index they launched in 2015. https://www.coindesk.com/new-york-stock-exchange-launches-bitcoin-price-index

back then, it was based on an average of coinbase and itbit prices. i'm not sure what the composite exchanges are today. either way, there's no direct way to invest. it's just a reference/benchmark.

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January 17, 2021, 01:14:37 PM
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In general, it is strange, given the growing interest in this group of assets and bitcoin in particular. Now all companies are trying to change and add something to attract clients and provide a proper trading turnover (of course, I mean normal companies, not scammers - they always have everything, it comes to the point of absurdity).
Although, maybe they are looking ahead and will add it only over time or have already switched to other assets of this category. Well in general it does not matter, because the first potential is already closed. Which means it's not very close to the next stage and it's definitely not logical or right to focus on it right now.
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