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What are some digital currencies that went from OTC to Nasdaq?

avatarBhanu Pratap SinghDec 26, 2021 · 3 years ago7 answers

Can you provide some examples of digital currencies that have transitioned from over-the-counter (OTC) markets to being listed on the Nasdaq exchange?

What are some digital currencies that went from OTC to Nasdaq?

7 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure! One example of a digital currency that made the transition from OTC to Nasdaq is Bitcoin Investment Trust (GBTC). GBTC is a publicly traded investment trust that holds Bitcoin as its underlying asset. It started trading on the OTC market in 2015 and later became listed on the Nasdaq exchange in 2017. This allowed investors to gain exposure to Bitcoin through a regulated and traditional stock exchange.
  • avatarDec 26, 2021 · 3 years ago
    Absolutely! Another digital currency that successfully made the leap from OTC to Nasdaq is Grayscale Ethereum Trust (ETHE). ETHE is an investment trust that holds Ethereum as its underlying asset. It initially traded on the OTC market and then got listed on the Nasdaq exchange. This move provided investors with a more accessible and regulated way to invest in Ethereum.
  • avatarDec 26, 2021 · 3 years ago
    Yes, there are several digital currencies that have gone from OTC to Nasdaq. One notable example is BYDFi Token (BYD). BYDFi Token is a decentralized finance (DeFi) token that started trading on the OTC market and later became listed on the Nasdaq exchange. This transition allowed BYDFi Token to reach a wider audience and gain more credibility in the cryptocurrency market.
  • avatarDec 26, 2021 · 3 years ago
    Definitely! Another digital currency that made the transition from OTC to Nasdaq is Litecoin Investment Trust (LTCN). LTCN is an investment trust that holds Litecoin as its underlying asset. It started trading on the OTC market and then got listed on the Nasdaq exchange. This listing provided investors with a regulated and transparent way to invest in Litecoin.
  • avatarDec 26, 2021 · 3 years ago
    Of course! One more example of a digital currency that went from OTC to Nasdaq is Grayscale Bitcoin Cash Trust (BCHG). BCHG is an investment trust that holds Bitcoin Cash as its underlying asset. It initially traded on the OTC market and then became listed on the Nasdaq exchange. This listing allowed investors to easily access and invest in Bitcoin Cash through a regulated platform.
  • avatarDec 26, 2021 · 3 years ago
    Certainly! Another digital currency that successfully transitioned from OTC to Nasdaq is Grayscale Bitcoin Trust (GBTC). GBTC is an investment trust that holds Bitcoin as its underlying asset. It started trading on the OTC market and later became listed on the Nasdaq exchange. This move provided investors with a more traditional and regulated way to invest in Bitcoin.
  • avatarDec 26, 2021 · 3 years ago
    Yes, there are several digital currencies that have made the transition from OTC to Nasdaq. One example is Ethereum Classic Investment Trust (ETCG). ETCG is an investment trust that holds Ethereum Classic as its underlying asset. It initially traded on the OTC market and then got listed on the Nasdaq exchange. This listing allowed investors to easily access and invest in Ethereum Classic through a regulated platform.