Details about Bitcoin Trust cryptocurrency
Bitcoin Trust
BCT
3+ (click to see list)
Scrypt
1
€2
1
Unknown
Bitcoin Trust price charts
BCT exchanges
Bitcoin Trust, the crypto
Bitcoin Trust (BCT) is a cryptocurrency that provides exposure to the value of Bitcoin without the need to directly own the underlying asset. It is a trust that holds Bitcoin as its primary asset and allows investors to buy shares that represent a certain amount of Bitcoin.
The point
The main point of Bitcoin Trust (BCT) is to provide investors with a way to gain exposure to Bitcoin without the difficulty of obtaining and storing the cryptocurrency directly. It allows investors to buy shares in the trust, which represents a portion of the underlying Bitcoin assets held by the trust.
The problem
Bitcoin Trust (BCT) tries to solve the problem of accessibility and convenience for investors who want to invest in Bitcoin. By holding Bitcoin as its primary asset and offering shares in the trust, Bitcoin Trust makes it easier for investors to gain exposure to Bitcoin's value, without having to navigate the complicated technical and security requirements of holding and storing Bitcoin themselves.
Compare BCT and BTC performance
| Timeframe | BCT | BTC |
|---|---|---|
| 1h change | 0 % | -0.169309 % |
| 24h change | 0 % | -1.20662 % |
| 7 day change | 0 % | -2.69718 % |
| 14 day change | -0.3 % | 0.385303 % |
| 30 day change | 3.91 % | -9.85211 % |
| 200 day change | -22.86 % | 128.662 % |
| Year change | 114.86 % | 120.111 % |