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Grayscale Bitcoin ( (GBTC) ) has issued an update.
On August 8, 2025, Grayscale Investments entered into a custodial services agreement with Anchorage Digital Bank to enhance the custody and safekeeping of its Bitcoin holdings. This agreement reflects Grayscale’s risk management strategy and does not affect its existing arrangement with Coinbase, which remains the primary custodian. Anchorage Digital will use cold storage for private keys, enhancing security, and has the discretion to manage blockchain forks. The agreement also includes indemnification clauses and insurance requirements, indicating a comprehensive approach to safeguarding assets.
More about Grayscale Bitcoin
Grayscale Investments is a prominent player in the cryptocurrency industry, primarily offering investment products related to digital currencies. Its main product is the Grayscale Bitcoin Trust ETF, which focuses on providing investors with exposure to Bitcoin through a traditional investment vehicle.
Average Trading Volume: 2,114,295
Technical Sentiment Signal: Buy
For an in-depth examination of GBTC stock, go to TipRanks’ Overview page.