Bitcoin TODAY - Nubank Releases CRYPTOCURRENCY Withdrawals - ETFS BlackRock Greyscale (LIVE)

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Bitcoin today (BTC today) is a digital or virtual currency based on a peer-to-peer, “peer-to-peer” network created in 2009 to become a viable replacement for fiat currencies and conventional payment systems. Based on a decentralized mechanism, Bitcoin is indicated by BTC now and aims to take control of money away from governments and large organizations and give it to the people. Bitcoin is now not a physical entity; it is a code that exists in a ledger present on all computers on the network.

What is cryptocurrency?
Cryptocurrency is a digital currency, with logic similar to cash. It assists in the purchase and sale of goods and services through virtual transactions. The name comes from the encryption system that checks transactions and its main objective is security. The best-known cryptocurrency is Bitcoin.

What is BLACKROCK?
BlackRock is a manager that works with a long-term strategy in its funds. The manager's main products are ETFs (index funds).

WHAT IS A BITCOIN SPOT ETF?
A Bitcoin Spot ETF aims to track the “spot” price of Bitcoin. Basically, the spot price of an asset is the real-time price at which it is trading in the market. So in effect, a Bitcoin Spot will be worth exactly what Bitcoin is trading on the cryptocurrency markets.

Grayscale is the world's leading crypto asset manager by assets under management. We transform disruptive technologies of the future into investment opportunities today.

Grayscale's flagship product, Ticker: GBTC, is the world's largest Bitcoin ETF by AUM as of 10/1/2024.

This content is for educational purposes only. The information presented is not and should not be considered any kind of recommendation or investment advice. Nothing in this content constitutes a solicitation, recommendation, advice, indication, promotion, endorsement or offer of any financial product, investment, asset, particular security, strategy or transaction. Except in the case of real financial products, the information presented is hypothetical, as it only exemplifies educational content. Hypothetical cases may not take into account all transaction costs or taxes applicable to a specific, individual and real investment situation.