VIDEO: Grayscale Investments, Sponsor of the Bitcoin Investment Trust (OTCQX: GBTC) provides an update in our OTCQX Video Series
NEW YORK, Jan. 9, 2018 /PRNewswire/ -- Grayscale Investments, Sponsor of the Bitcoin Investment Trust (OTCQX: GBTC), Director, Michael Sonnenshein was interviewed by OTC Markets Group (OTCQX: OTCM) in its prominent OTCQX® Video Series. The series features one-on-one interviews with senior executives of OTCQX companies as they showcase their businesses and investment profiles.
In the interview, Michael Sonnenshein discusses:
- Investors' change of interest in the past 18 months in Bitcoin, and how it is now seen as a digital store of value or gold 2.0
- Challenges faced in educating investors, given that Bitcoin is a new asset class and how Grayscale strives to provide educational resources
- Grayscale's second product Ethereum Classic Investment Trust, which follows the structure of the Bitcoin Investment Trust but holds Ethereum Classic, a different digital token
To watch the complete interview, visit OTC Markets Group's YouTube page at https://youtu.be/AXi1CGWtlok
About Bitcoin Investment Trust
Bitcoin Investment Trust is a private, open-ended trust that is invested exclusively in bitcoin and derives its value solely from the price of bitcoin. It enables investors to gain exposure to the price movement of bitcoin without the challenge of buying, storing, and safekeeping bitcoins. The BIT's sponsor is Grayscale Investments, a wholly-owned subsidiary of Digital Currency Group.
Each BIT share represented ownership of 0.1 bitcoins initially. The trust will not generate any income and regularly sells/distributes bitcoins to pay for its ongoing expenses. Therefore, the amount of bitcoin represented by each share gradually declines over time.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market, and the Pink® Open Market for 10,000 U.S. and global securities. Through OTC Link® ATS, we connect a diverse network of broker-dealers that provide liquidity and execution services. We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.
To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.
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The information contained in this press release and in the video to which it refers is provided "as is" for educational and informational purposes only, and should not serve as the basis for any trading or investing decisions. OTC Markets Group makes no representations and disclaims all express, implied and statutory warranties of any kind to any viewer or third party. Neither OTC Markets Group nor any of its affiliates makes any endorsement of any particular company, security, product or financial strategy, and nothing contained in this video should be construed as investment advice. Investors should undertake their own diligence and carefully evaluate companies before investing.
OTC Markets Group Inc., +1 (212) 896-4428, firstname.lastname@example.org
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