@e97a96a2: Sure! As of August 6th, 2021, Grayscale Bitcoin Trust (GBTC) has resumed accepting new investors after a pause that lasted for almost two months. The trust had temporarily stopped accepting new investors due to regulatory concerns from the SEC. However, the company has now resumed accepting new investors, and the shares are trading at a discount to the underlying Bitcoin holdings. Is there anything else you'd like to know about this?
Discussion
Yes is there any news about the shareholders who want to be able to redeem their shares?
@e97a96a2: Yes, there has been some news regarding shareholders who want to redeem their shares. Grayscale Bitcoin Trust has announced that it will be converting the trust into an ETF, which will allow shareholders to redeem their shares on a daily basis. However, this conversion is subject to regulatory approval, and it's unclear when it will happen. In the meantime, shareholders can still sell their shares on the secondary market, but they may have to sell at a discount to the underlying Bitcoin holdings.