Bitcoin Investment Trust

Merrill Lynch Bans Clients from Investing in Bitcoin Fund

Merrill Lynch, the brokerage arm of Bank of America, has blocked financial advisers and clients from trading in bitcoin-related investments.

Business  ·  4 January 2018

Bitcoin Investment Trust and Genesis Trading Settle With SEC

The SEC has settled with the Bitcoin Investment Trust and its authorized participant following an investigation into a repurchase program.

Policy & regulation  ·  11 July 2016
News

Bitcoin Undervalued By Over $200, Investment Bank Report Finds

A comparison of bitcoin investment to gold investment lead investment bank, Needham, to price the cryptocurrency at more than 50% its current value.

Markets  ·  29 March 2016
Markets

Wedbush Revises 12-Month Bitcoin Price Target to $600

Wedbush has revised its outlook for the price of bitcoin, revealing it expects the digital asset to rise to $600 in value over the next 12 months.

Markets  ·  4 November 2015
Research

Wedbush Report Projects $400 Bitcoin Price By 2016

The bitcoin payments network will power 10% of online payments and 20% of global remittances by 2025, according to a new report by Wedbush.

Markets  ·  10 July 2015
Digital Currency Group

Bitcoin Investment Trust Sponsor Launches Ahead of Market Debut

Grayscale director Michael Sonnenshein discusses the launch of the newest among a group of companies in Barry Silbert's Digital Currency Group.

Business  ·  26 March 2015
Startups

Bitcoin Investment Trust Gets FINRA Green Light to Trade

The Bitcoin Investment Trust is set to become the first publicly traded bitcoin fund, having received approval from US securities regulator FINRA.

Business  ·  2 March 2015
News

SecondMarket: Syndicate Bidders Real Winners of Bitcoin Auction

SecondMarket managing director Brendan O’Connor discusses his syndicate's successful bid for 48,000 BTC confiscated from Ross Ulbricht.

Business  ·  9 December 2014
News

Bitcoin Investment Trust Syndicate Wins 48,000 BTC in US Marshals Auction

Bitcoin Investment Trust and SecondMarket have been revealed as the winners of 48,000 BTC confiscated from alleged Silk Road leader Ross Ulbricht.

Business  ·  9 December 2014
News

Barry Silbert Resigns SecondMarket CEO Position

Bitcoin entrepreneur Barry Silbert is stepping down as CEO of SecondMarket to focus solely on bitcoin ventures.

Markets  ·  24 July 2014
News

Barry Silbert Releases Data on SecondMarket’s US Marshal Auction Syndicate

SecondMarket CEO Barry Silbert has released new data related to his organisation's US government auction bid.

Markets  ·  29 June 2014
Markets

Survey Finds Silicon Valley, Wall Street Bullish on Bitcoin

A new survey sought to assess digital currency sentiment in Wall Street, Silicon Valley and the wider bitcoin community.

Markets  ·  7 May 2014
Exchanges

SecondMarket to Launch Institutional Bitcoin Exchange

New York-based SecondMarket will launch a professional-level bitcoin exchange service for institutional traders later this year.

Business  ·  16 April 2014
Startups

Barry Silbert Reveals Bitcoin Investment Trust Holds 100,000 Bitcoins

The Bitcoin Investment Trust (BIT) now holds more than 100,000 bitcoins, according to founder Barry Silbert.

Business  ·  11 April 2014
Startups

SecondMarket’s Barry Silbert: 15% of Institutional Investors are Bitcoin Believers

At the Barclays Emerging Payments Forum, Silbert met with 38 institutional investors representing more than $250bn in investment capital.

Business  ·  26 March 2014