2013-launched Grayscale Bitcoin Trust ETF (GBTC) on NYSE Arca offers 11,000% returns in a decade, outperforming S&P 500.
The Grayscale Bitcoin Trust ETF (GBTC) has offered over 11,000% returns in the past decade, presenting an accessible investment route to Bitcoin without direct ownership. Launched in 2013 and listed on NYSE Arca in 2021, it allows trading through brokerage accounts while managing Bitcoin's storage and security. With a 1.5% expense ratio, it has outperformed the S&P 500, though future performance is uncertain amid Bitcoin's volatility and economic factors.
October 19, 2024
3 Articles