Grayscale’s Trust Contemplates Creating Another Entity for Bitcoin Cash

This week Grayscale Investments, the sponsor of the Bitcoin Trust (OTCQX:GBTC) has announced a plan for the Bitcoin Cash (BCH) reserves the fund held onto after the fork. Currently, the sponsor is evaluating the idea of forming a separate entity for the holdings of BCH with plans to distribute the percentages among GBTC shareholders. Grayscale…

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