Grayscale's GBTC is the second most active stock on leading U.S. OTC market in 2020

InstitutionalFebruary 20, 2020, 1:22AM EST
UPDATED: March 14, 2022, 5:47PM EDT
Grayscale's GBTC is the second most active stock on leading U.S. OTC market in 2020
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Interestingly, the premium of the market value of total GBTC supply to the underlying Net Asset Value of bitcoins in the trust hit 41% on Tuesday, a +6 month high according to Bloomberg.

According to Charles Schwab’s recent SDBA Indicators Report, a benchmark study for activity within self-directed brokerage accounts (SDBAs), Millennials' 5th largest holding on average (as a % of assets held in equities) across Schwab portfolios is GBTC. Neither Gen X or Baby Boomers had GBTC in their top 10 equity holdings.

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