Invest with Elcoin BitCoin Network Trust
Invest directly in Elcoin’s BitCoin Network Investment Trust
Qualified accredited investors* can choose to invest directly in Elcoin’s BitCoin Network Investment Trust at the daily “Holdings per Share” value determined at 4 p.m. New York time based on the corresponding TradeBlock benchmark rates. Shares of Elcoin’s BitCoin Network Investment Trust are subject to significant resale and transfer restrictions.
Purchase Bitcoin Investment Trust Shares Through Your Brokerage Account
Eligible Bitcoin Investment Trust shares are publicly quoted** on OTCQX® under the symbol: GBTC. Investors can buy and sell unregistered but freely tradeable Bitcoin Investment Trust shares through their personal brokerage account in the same manner as they would other unregistered OTC securities.
Work with your Financial Advisor
The Elcoin Team works with Financial Advisors to help facilitate investments in the Bitcoin Investment Trust. Have your Financial Advisor contact us directly.
*An accredited investor, in the context of a natural person, includes anyone who either earned income that exceeded $200,000 (or $300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year, OR, has a net worth over $1 million, either alone or together with a spouse (excluding the value of the person’s primary residence).
**Publicly quoted on OTCQX® under the Alternative Reporting Standards
The Bitcoin Investment Trust provides a secure structure to gain exposure to the price performance of bitcoin. Eligible shares are quoted on the OTCQX®, the top marketplace operated by OTC Markets under the Alternative Reporting Standards. Investors can buy and sell shares through most traditional brokerage accounts at prices dictated by the market.
Are you an accredited investor†?
Accredited investors are eligible to purchase shares of the BIT through its ongoing primary capitol raise, giving them the opportunity to purchase shares at the daily Bitcoin Holdings per Share.
Bitcoin is a digital currency, sometimes referred to as a cryptocurrency, best known as the world’s first truly decentralized digital currency. Bitcoin is traded on a peer-to-peer basis with a distributed ledger called the Blockchain, and the Bitcoin exchange rate to the US Dollar and other major currencies is determined by supply and demand as with other global exchange rates. The traded value of Bitcoin has proven volatile through various booms and busts in demand. Ultimately, however, many see Bitcoin as a store of value against government-backed fiat currencies.
Abbreviated as BTC, Bitcoin is actively traded against the world’s major currencies across decentralized markets. Bitcoins are kept in so-called Bitcoin wallets, which depend on private keys and cryptography to secure its Bitcoins to a specific entity or user.
By comparison to government-backed global currencies, Bitcoin remains fairly complex for the typical user to acquire and use in regular transactions. Growing interest and significant global investments in Bitcoin wallet and Blockchain technology have nonetheless made buying and selling Bitcoin far more accessible to the average user. And indeed growing acceptance by government entities have ameliorated the ambiguity of legal and regulatory status for Bitcoin and Bitcoin exchanges.