CRYPTO INSIDER: Betting on bitcoin is about to get easier

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January 12, 2018 5:32 PM

Prices are climbing on Friday, but it may not be enough to save them from the first negative week in a long time.

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It's about to get a lot easier to bet on the price of bitcoin. Grayscale's Bitcoin Investment Trust, a vehicle that seeks to track the price of the cryptocurrency, announced a 91-for-1 split that will bring the price of a single share down from $1,860 to roughly $20.

Here are the current standings: