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CryptoG
Grayscale Bitcoin Trust (GBTC)
A fund (an investment product traded on the stock market open to U.S. investors) created by Grayscale in 2013, which was one of the first securities in the world to only invest in and derive value from the price of bitcoin (BTC) and nothing else
Example
“Institutional investors bought shares of GBTC to gain exposure to Bitcoin through a regulated, publicly traded vehicle without needing to custody the cryptocurrency themselves.”