Scale of gray scale fund
Speaking of many investments nowadays, maybe many people are more and more inclined to stock funds, and will hold some gold bitcoin and so on. In fact, in many cases, this type of investment also has risks, so we need to have a good investment habit no matter what. Recently, in the bitcoin transaction, It can also be seen that many people began to buy, and he made history and was the highest. What happened
in 2015, gray investment company was incorporated into the newly established digital currency group (DCG). In addition to gray investment company, DCG also has two subsidiaries, namely, genesis, a cryptocurrency OTC broker, coindesk, a blockchain media platform, and more than 150 other blockchain companies / projects
in addition to bitcoin trust fund, gray investment company also launched eth, BCH, etc, LTC, XRP and other cryptocurrency trust funds, as well as grayscale digital large capital fund including mainstream currencies
the Xueshuo innovation blockchain Technology Workstation of Lianqiao ecation online is the only approved "blockchain Technology Specialty" pilot workstation of "smart learning workshop 2020 Xueshuo innovation workstation" launched by the school planning, construction and development center of the Ministry of ecation of China. Based on providing diversified growth paths for students, the professional station promotes the reform of the training mode of the combination of professional degree research, proction, learning and research, and constructs the applied and compound talent training system.
at the same time, in grayscale, in addition to GBTC, there are some other procts that can be traded. The price of these cryptocurrencies, such as Ethereum, lightcoin, bitcoin cash and so on, has become a large scale
what is the value of GBTC? How to interpret its meaning
stock market and currency market are two different markets. Although they are related before, they are not exactly the same. In the past, it was not feasible to invest in the digital currency of blockchain in the traditional stock market. But now there is a new way, the gray bitcoin trust (GBTC), which enables us to participate in the trading of bitcoin in the stock market. The principle is that the gray bitcoin trust (GBTC) holds a large amount of bitcoin. The value of GBTC is close to the value of bitcoin and will change with the price of bitcoin
at present, gray bitcoin trust has 6.5 billion US dollars of bitcoin, and it is a private investment. Gray bitcoin trust is a company in the United States. At present, it is the largest buyer in the world. It was launched in 2013, and it has been seven years since, The development speed is very fast.
detailed explanation of the operation mode of gray bitcoin trust (GBTC):
when an investor values GBTC and wants to buy a large amount of it, he can grab the investment fund of the foundation. The fund of the foundation can be used by investors to buy a large amount of bitcoin. After the gray bitcoin trust (GBTC) is listed on the stock exchange, Any investor who opens an account in the stock market can trade GBTC on the stock exchange. It should be noted that the price of GBTC fluctuates with BTC. The price of GBTC is close to BTC, but it is not entirely BTC. The subtle influence between the two systems determines this characteristic. At present, the price of GBTC is higher than that of BTC, and there is a certain premium. For early investors, the premium means profit, but for current investors, the premium increases the risk of current investment
why don't we buy bitcoin directly, but buy gray bitcoin trust (GBTC)
1, do not consider the security issues such as bitcoin storage
2, do not consider the legitimacy of large-scale holding, have tax incentives
3, bitcoin can not directly trade with traditional stocks, but GBTC can
Since 2020, bitcoin has changed its previous stability and its value has soared. Although there has been a slump ring this period, it has not prevented bitcoin from reaching a new peak
the more investors, the larger the scale of purchasing bitcoin. Data show that in 2020, a total of 347000 bitcoins will be bought in addition to emerging investment institutions such as gray scale, Wantong mutual, an old American insurance company, and PayPal, a financial technology giant, are also powerful giants in the bitcoin market therefore, today's bitcoin market is a "game" platform for financial giants, and ordinary retail investors should be cautious in their investment
When it comes to bitcoin, many people must be familiar with it. According to the latest news, bitcoin's price has now exceeded nearly $30000< the reason for the sharp rise of bitcoin is e to certain economic impact{ RRRRR}
so it also pushed the price of bitcoin to a new high. In the second half of the year, this new pneumonia epidemic has also had a negative impact, so it has also implemented a loose monetary policy for all countries< however, we all know that bitcoin is equivalent to the encrypted virtual currency of a mainstream guy, so at this time, it has become a corresponding investment for many investment institutions who want to fight against inflation so at this time, the price of bitcoin has been raised accordingly, so it is also possible for each of us to carry out corresponding work. All this is e to the current economic situation, which leads to the rise of bitcoin
Since the birth of bitcoin, its price has risen from a few cents to a maximum of $20000. Although it has dropped a little, it has soared to $18000. This price surprised many people. Why is bitcoin such a virtual digital currency so valuable< the quantity of bitcoin is limited, so the price is relatively expensive. Because bitcoin can be anonymous, many people use bitcoin to hide property or trade. The speculation of bitcoin players leads to the high price of bitcoin Bitcoin is a decentralized virtual digital currency, and bitcoin is generated based on algorithm, so the total amount of bitcoin will not exceed 21 million, and with the increase of mining population, bitcoin will be less and less, so the price of bitcoin is more expensive than other virtual currencies{ RRRRR}
the reason why bitcoin is valuable is that it has replaced part of the currency function and some people have speculated. If you have any other opinions, please leave a message to discuss
The rapid rise of bitcoin's price comes from the fact that its use value is graally recognized by popular business services such as green ecology. For example, Jack Dorsey, the founder of Twitter and square, made a high-profile promotion and planning of BTC in Silicon Valley in the United States, which is also called the original ecological currency of the next generation Internet technology, and announced the purchase of $50 million BTC< naturally, apart from the Internet technology circle, it is also like the BTC Private Fund released by grayscale, a financial enterprise, which helps traditional financial enterprises get BTC financial planning
at present, the total position cost of BTC commodity futures is about 6.3 billion, which has increased 133% since the beginning of this year and constantly updated new historical records. Unlike the spot trading market, the increase of non compulsory position closing trading position of derivative procts in zero sum game indicates the contradiction level between buyers and sellers on spot trading base price