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Topic: [2015-05-05] Yahoo: OTC Markets Group Welcomes Bitcoin Investment Trust to OTCQX (Read 388 times)

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Each GBTC share represented ownership of 0.1 bitcoins at the fund's inception in September 2013. The trust will not generate any income and regularly sells/distributes bitcoins to pay for its ongoing expenses. Therefore, the amount of bitcoin represented by each share gradually declines over time.

https://finance.yahoo.com/news/otc-markets-group-welcomes-bitcoin-110000043.html
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