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GBTC - BTC

Posted: Mon Aug 19, 2024 7:55 am
by Ugly_Bird
A little bit of crypto on the top of PP and a part of my VP.
I only had GBTC on that account (Fidelity). Long before the Grayscale was approved to convert them to ETF.
Just recently I logged in to check out the holdings and notices that some BTC appeared in the funds.
I have never purchased those.
What happened there?

Re: GBTC - BTC

Posted: Mon Aug 19, 2024 7:57 am
by mathjak107
i use IBIT

Re: GBTC - BTC

Posted: Mon Aug 19, 2024 12:04 pm
by Ugly_Bird
mathjak107 wrote: Mon Aug 19, 2024 7:57 ami use IBIT
Cool. But it doesn't answer my question :-)

Re: GBTC - BTC

Posted: Mon Aug 19, 2024 12:11 pm
by mathjak107
i believe they changed their structure when the bitcoin etfs were approved

Re: GBTC - BTC

Posted: Mon Aug 19, 2024 12:18 pm
by Ugly_Bird
mathjak107 wrote: Mon Aug 19, 2024 12:11 pm i believe they changed their structure when the bitcoin etfs were approved
I has been a while ago now. And I still had GBTC. Then a couple weeks ago I all the sudden found BTC funds on my account.
Too much time between those events, I think.