The Bitcoin Investment Trust (BIT) is a private, open-ended trust that is solely invested in and deriving value from the price of bitcoin. The BIT enables investors to gain exposure to the price movement of bitcoin through a simple investment vehicle, without the challenges of buying, storing, and safekeeping bitcoins. The BIT is available only to accredited investors for whom this type of investment is suitable. Launched in 2013, the BIT is sponsored by Grayscale Investments LLC, a wholly-owned subsidiary of SecondMarket Holdings, Inc. and an affiliate of SecondMarket, Inc. (custodian, marketing and distribution partner). Grayscale has engaged leading service providers Ernst & Young (auditor), Sidley Austin LLP (legal counsel), Continental Stock Transfer & Trust (transfer and administrative agent), and Corporation Service Company (trustee).
View Top Employees from Bitcoin Investment TrustWebsite | http://grayscale.com |
Ticker | GBTC |
Employees | 83 (83 on RocketReach) |
Founded | 2013 |
Address | 250 Park Ave S, New York City, New York 10003, US |
Phone | (212) 668-5920 |
Technologies | |
Industry | Financial Services, Investment Banking, Finance, Bitcoin, Banking, Payments, Brokerage, Software |
Competitors | BitSpread, Digital Currency Group, Pantera Capital |
SIC | SIC Code 672 Companies, SIC Code 67 Companies |
NAICS | NAICS Code 52591 Companies, NAICS Code 5259 Companies, NAICS Code 525 Companies, NAICS Code 52 Companies |
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83 people are employed at Bitcoin Investment Trust.
Bitcoin Investment Trust is based in New York City, New York.
The NAICS codes for Bitcoin Investment Trust are [52591, 5259, 525, 52].
The SIC codes for Bitcoin Investment Trust are [672, 67].