GrayscaleBitcoin Trust (OTCMKTS:BCHG) Stock Slumps 54% in a Month: Here is Why

August 3, 2021

GrayscaleBitcoin Trust (OTCMKTS:BCHG) is down 54% in a month. Recently Grayscale Investments chose BNY Mellon to be the asset servicing provider of its leading product which isGrayscaleBitcoin Trust.Following the transaction , BNY Mellon will offer Grayscale Bitcoin Trust with funds administration and accounting starting October 1, 2021. Equally, BNY Mellon will likely offer transfer agency as well as ETF Services once GrayscaleBitcoin finalizes conversion to an exchange traded fund (ETF)….

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