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TagsWhat is the relationship between Greyscale and GBTC in the world of cryptocurrency?
Kidd LaugesenMar 19, 2022 · 3 years ago1 answersCan you explain the relationship between Greyscale and GBTC in the world of cryptocurrency? How does Greyscale's involvement with GBTC affect the cryptocurrency market?
1 answers
- When it comes to the relationship between Greyscale and GBTC in the world of cryptocurrency, it's important to understand that Greyscale is the parent company of GBTC. Greyscale manages and operates GBTC, which is a trust that holds Bitcoin. GBTC allows investors to gain exposure to Bitcoin through a traditional brokerage account. This relationship has been instrumental in bridging the gap between the traditional financial system and the world of cryptocurrency, making it easier for institutional investors to enter the market.Mar 19, 2022 · 3 years ago
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