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However, following the SEC lawsuit range of similar trusts that hassle and stress.

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You Can Buy Bitcoin At A Discount, If You Trust The SEC To Be Rational
Grayscale Filecoin Trust hit high of more than 10 times underlying value of its assets in November. The value of FTX's GBTC holding rose to around $ million, based on the first day of Grayscale's bitcoin ETF trading on NYSE Arca on Jan. Investors cashed out $ billion from the Grayscale Bitcoin Trust after it converted into an ETF on Jan. 11, according to Bloomberg.

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The trust is solely and passively invested in BTC, enabling investors to gain exposure to BTC as a security while avoiding the challenges of buying, storing, and securing the bitcoins directly. Market Price is the current price at which shares are bought and sold. Critics argue that GBTC carries significant risks, including volatility and high premiums. Grayscale Filecoin Trust hit high of more than 10 times underlying value of its assets in November.