Express

Crypto Commenters Weigh In On Grayscale Bitcoin Trust, Advocate For Self-Custody Of Coins

Emily Mason

Summary: Top crypto commentators Pierre Rochard and Dan Held gave their opinions on Bitcoin trusts during a recent twitter exchange. Bitcoin trusts allow users to passively gain exposure to Bitcoin as a security. One crypto twitter member asked the influencers what their view of Grayscale Bitcoin Trust is. Pierre Rochard replied that GBTC is a strong ...

Top crypto commentators Pierre Rochard and Dan Held gave their opinions on Bitcoin trusts during a recent twitter exchange.

Bitcoin trusts allow users to passively gain exposure to Bitcoin as a security. One crypto twitter member asked the influencers what their view of Grayscale Bitcoin Trust is. Pierre Rochard replied that GBTC is a strong entrypoint to get financial exposure to Bitcoin, but added that he wished Grayscale had more competition.

Held advocated crypto newcomers buy Bitcoin on Kraken exchange and then self custody their coins, a common creed of members of the crypto community.

By Emily Mason

  • Autonomous Worlds: The Ultimate Goal of Blockchain? 1 days ago
  • Have Cosmos and Polkadot Been Replaced? The Future of ATOM and DOT 4 days ago
  • Polygon AggLayer: Uniting Modular and Monolithic Blockchain Architectures 5 days ago
  • Bitcoin DeFi and Layer 2s: The Next Trillion-Dollar Opportunity? 15 days ago
  • Is the Crypto Bull Market Over? 16 days ago
  • You need to login to comment.