How to invest in Bitcoin on the stock market.

Greyscale Bitcoin Trust is a way you can get exposure to Bitcoin on the stock market. Greyscale also offers other cryptocurrencies you can invest in. Basically you buy the stock and the fund uses the money to buy bitcoin or other cryptos. Greyscale buys the crypto through Coinbase. The security is handled by Coinbase Custody Trust Company, LLC.

One of the big drawbacks to me is you don’t get 24/7 access in buying and selling your crypto. Since crypto never sleeps, your stuck waiting until the stock market opens to sell your shares. Plus you have to pay annual fees.

Now if you don’t want to worry about your keys, hard wallets, security and etc…. This makes an interesting concept of getting exposure in the cryptocurrency world.

Many investors feel they might be missing the boat on the cryptocurrency revolution. Greyscale offers investors a traditional stock market approach.

Personally I feel you should learn how blockchain technology works before just diving into crypto just to make money or lose money. I’m not one of those true believers that think Bitcoin will be worth 300,000.00 dollars in years ahead. But I might be wrong?

This is not investment advice!

https://grayscale.co/