GBTC:
- June 2022: Grayscale began its lawsuit against the SEC after its application to convert GBTC to a spot Bitcoin ETF was denied.
- 2023 Low: The price of GBTC was as low as $7.75.
- August 2023: Grayscale won its court case against the SEC. At the time of the win, the price of GBTC was $17.63.
- January 2024: After the SEC approved the spot Bitcoin ETFs, GBTC began trading as an ETF and its price hit $40.
- Recent High: The price of GBTC has since gone up to $96.6.
From the 2023 low of $7.75 to the high of $96.6 in 2025
- Total Increase: $96.6 – $7.75 = $88.85
- Percentage Increase: The price increased by approximately 1146%.
- Multiplier: This represents a price increase of approximately 12.5 times the starting amount.
submitted by /u/Designer_Drink_822
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