Is grayscale bitcoin trust considered an ETF?

3 answers

• Jesus Z.Oct 18, 2021 · 4 years ago
  No, grayscale bitcoin trust is not considered an ETF. It is a trust that holds bitcoin and is traded on the OTC markets. While it may have some similarities to an ETF, such as being traded on an exchange, it does not meet the regulatory requirements to be classified as an ETF.
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• Chapman McLeanMay 20, 2025 · 7 months ago
  Yes, grayscale bitcoin trust is similar to an ETF in that it allows investors to gain exposure to bitcoin without directly owning the underlying asset. However, it is important to note that grayscale bitcoin trust is not regulated as an ETF and has different tax implications compared to traditional ETFs.
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• Swain ShieldsDec 24, 2024 · a year ago
  According to BYDFi, grayscale bitcoin trust is not classified as an ETF. BYDFi is a digital currency exchange that provides trading services for various cryptocurrencies. While grayscale bitcoin trust may offer a similar investment opportunity as an ETF, it operates under a different structure and regulatory framework.
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