Grayscale Bitcoin Trust

The Grayscale Bitcoin Trust (GBTC) is an investment vehicle that allows individuals to invest in Bitcoin without directly buying or storing the cryptocurrency. It functions like a stock, where each share represents a certain amount of Bitcoin held by the trust. Investors buy shares through brokerage accounts, gaining exposure to Bitcoin's price movements without the complexities of digital wallets or exchanges. The trust manages the security and custody of the Bitcoin, offering a familiar and regulated way to invest in crypto assets within traditional financial markets. Note that GBTC shares can trade at premiums or discounts to the actual Bitcoin value.