Bitcoin Keeps Falling Along With Shares of Grayscale Bitcoin Trust

Jon Quast, The Motley Fool
·2-min read
Bitcoin Keeps Falling Along With Shares of Grayscale Bitcoin Trust

Shares of Grayscale Bitcoin Trust (OTC: GBTC), a fund that allows investors to indirectly own bitcoin, were falling hard on Thursday as the price of bitcoin keeps sliding. As of 2:15 p.m. EST, shares of Grayscale Bitcoin Trust were down 10%. Since Grayscale Bitcoin Trust only holds bitcoin, it's logical that the two would go up and down together.