Any idea what is to happen to the Bitcoin Cash GBTC holds? I would hope that any GBTC holders as of the day of the hard fork would be entitled to the Bitcoin Cash dividend regardless of whether they have since sold their shares.
That's my understanding of the following from July, but we don't know when it's supposed to happen. I did sell my shares after the fork, but am still expecting a distribution to show up in my brokerage account at some point in the future, based on this. It is ambiguous regarding if you held before the fork, and have since sold, though:
The Sponsor currently expects to cause the Trust to liquidate any Bitcoin Cash associated with the Bitcoin held by the Trust and to cause the proceeds of such liquidation to be distributed on a pro rata basis to holders of units of the Trust. It is expected that any such distribution would be made only after allowing time for evaluation of the market for Bitcoin Cash and consideration of the manner in which to liquidate such Bitcoin Cash, which may be months after the fork occurs. As part of the evaluation of the market for Bitcoin Cash, the Sponsor expects to consider, among other factors, whether there are any appropriately regulated exchanges that have listed Bitcoin Cash. In addition, such distribution, if and when made, would be to owners who held Trust units on a specified record date, which is anticipated to be the day the fork occurs. The amount of any distribution will be net of expenses of the Sponsor and the Trust, including costs associated with liquidation and distribution.
https://finance.yahoo.com/news/grayscale-investments-llc-statement-regarding-203000163.html
