A very detailed post on grayscale. I was curious at first, simce they claim to be the first investment vehicle of its kind to report financials regularly to the U.S. Securities and Exchange Commission (SEC). The Grayscale Bitcoin Trust offers investors the opportunity to gain exposure to the leading cryptocurrency via an open-ended private trust that holds in excess of 649,130 BTC as of Feb 2021 – equating to almost 3.1% of bitcoin’s current circulating supply. GBTC stock has posted gains far in excess of the S&P 500's in 2020. However, it is now well off its highs for the year. Investors should study the stock market and wait for it to pass its latest buy point.