Grayscale Bitcoin Trust ETF clarifies use of cashtags and third-party content on X

Published 03/12/2025, 23:02
Grayscale Bitcoin Trust ETF clarifies use of cashtags and third-party content on X

Grayscale Bitcoin Trust ETF (NYSEARCA:GBTC) issued a statement Wednesday regarding its communications on X, the social media platform formerly known as Twitter. The company, through its sponsor Grayscale Investments Sponsors, LLC, clarified that while it maintains a presence on X, it is not affiliated with the platform or any other social media site.

According to the press release, Grayscale’s posts on X may include ticker symbols preceded by a dollar sign, known as “cashtags.” The company noted that X automatically converts these cashtags into hyperlinks that direct users to pages containing market data, news, commentary, and other content created or supplied by third parties. Grayscale stated it does not control, endorse, or assume responsibility for the information displayed on these X-generated pages or for any third-party websites, data sources, or services accessible through them.

The statement emphasized that such third-party information is not authorized, prepared, verified, or updated by Grayscale and may be inaccurate, incomplete, untimely, or inconsistent with the company’s public disclosures. Grayscale advised investors not to rely on this information as having been authorized by the company. For authoritative and up-to-date information about Grayscale and its investment products, the company directed investors to its filings with the Securities and Exchange Commission.

This information is based on a press release statement included in Grayscale Bitcoin Trust ETF’s recent SEC filing.

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