Having allegedly gained approval from FINRA, Barry Silbert's Bitcoin Investment Trust will soon be available to trade via OTC Markets. Silbert's BIT, which has been allocated the ticker code of BTCV, has been classified by OTC Markets as "OTC Pink No Information". OTC Markets, previously known as Pink Sheets, provides a description of the type of companies one might find in the OTC Pink No Information category:

Indicates companies that are not able or willing to provide disclosure to the public markets – either to a regulator, an exchange or OTC Markets Group. Companies in this category do not make Current Information available via OTC Markets Group's News Service, or if they do, the available information is older than six months. This category includes defunct companies that have ceased operations as well as 'dark' companies with questionable management and market disclosure practices. Publicly traded companies that are not willing to provide information to investors should be treated with suspicion and their securities should be considered highly risky.

BIT's listing on OTC Markets differs to that of the Winklevoss Trust in that the Winklevii still await approval by the SEC for their ETF. Silbert's BIT avoided the need for SEC approval by locking down the ability of BIT's private investors to liquidate their position for a total of 12 months. Having completed the 12 month lock up period, shares in BIT can then be sold to the unqualified investors who are known to invest in all manner of schemes found on the pink sheets.