The Grayscale Bitcoin Trust (GBTC) has been a pioneering investment vehicle, enabling investors to access Bitcoin through a traditional investment structure. Launched over a decade ago, GBTC initially offered shares through a private placement, later transitioning to public trading on OTC Markets under the symbol GBTC. In 2024, GBTC made a notable move by uplisting to NYSE Arca, reflecting its evolution and growing significance in the digital currency investment landscape 2