Why a new challenger bitcoin trust likely poses little threat to GBTC's dominance

Quick Take

  • A new bitcoin investment product, Osprey Bitcoin Trust (OBTC), is listing on OTC Markets in the coming days.
  • But market insiders are skeptical that Grayscale Bitcoin Trust’s dominant position is in jeopardy.
  • The main threat to GBTC might be a bitcoin ETF — if and when one receives approval.
Market insiders doubt that the imminent launch of Osprey's bitcoin trust puts Grayscale’s dominant position is in jeopardy.

Subscribe to The Block to
Unlock this Feature

Choose Your Plan

Save $ vs. paying monthly

Annual

$
per year
Join Now

Monthly

$
per month
Join Now

Questions?

If you want to know more about what you get with a Membership, or you need help convincing your manager, we got you covered. You can find the details and learn more about the benefits by clicking the link below.

Related Reading

More