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Grayscale CEO Sees GBTC Reaching Equilibrium, Expects Outflows to Ease
13.4.2024
Crypto asset manager Grayscale Investments believes that GBTC “has started to reach a little bit of an equilibrium,” says CEO Michael Sonnenshein, noting that some anticipated outflows from the firm’s spot bitcoin exchange-traded fund (ETF) are “largely behind...
Grayscale Launches Proof-of-Stake Investment Fund for Accredited Millionaires
30.3.2024
Grayscale, a prominent digital asset management firm, has unveiled plans to launch a "dynamic income fund" dubbed GDIF, focused on investing in proof-of-stake tokens for millionaire investors.
The post Grayscale Launches Proof-of-Stake Investment Fund for Accredited Millionaires appeared first...
GBTC Sees $600M Outflow Day After Bitcoin ETFs Set Record Net Inflows of $673M
1.3.2024
Grayscale’s spot Bitcoin exchange-traded fund (ETF) (GBTC) has seen a slow trading day experiencing net outflows of almost $600 million on Thursday, making this the second largest outflow day since 11th Jan 2024.
The post GBTC Sees $600M Outflow Day After Bitcoin ETFs Set Record Net Inflows...
Grayscale Updates Spot Bitcoin ETF Application but Left out Some Key Information
3.1.2024
Crypto asset management firm Grayscale Investments has updated its spot bitcoin ETF filing in hope of being included in the initial round of decisions by the U.S. Securities and Exchange Commission (SEC). However, the firm has omitted some key information that the SEC reportedly wants included...
Barry Silbert Resigns as Chairman of Grayscale Investments
26.12.2023
Digital Currency Group (DCG) founder Barry Silbert has resigned from his position as the chairman of Grayscale Investments. Current DCG chief financial officer Mark Shifke succeeds Silbert and is joined by Edward McGee and Matthew Kummell as members of the new look board. Preparing...
Spot Bitcoin ETFs Poised to Tap $30 Trillion Market, Says Grayscale CEO
20.12.2023
Grayscale Investments expects the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) to allow the $30 trillion advised wealth market to gain exposure to bitcoin. “I do think there is a lot of optimism in the market,” said...
Grayscale Report Sheds Light on Bitcoin’s Broad Ownership and ‘Sticky Supply’ Dynamics
1.12.2023
A new report from Grayscale Investments reveals that bitcoin ownership is more widely distributed than commonly believed, with 74% of addresses holding less than $350 worth. However, around 40% of bitcoin supply is concentrated among institutions like exchanges, miners, governments, public...
Crypto exchange FTX gets nod to sell $873M of assets to repay creditors
30.11.2023
Nearly $700 million of the $873 million trust assets allowed to be sold by FTX comes from Grayscale’s flagship product, the Grayscale Bitcoin Trust, or GBTC
Grayscale ETH futures ETF a ‘trojan horse’ for spot Ethereum ETF: Analyst
16.11.2023
Bloomberg ETF analyst James Seyffart thinks Grayscale’s Ether futures ETF application is just a ploy to corner the SEC to approve its spot Ether ETF
Grayscale's Solana Trust Trades at 869% Premium as Institutions Flock to SOL
13.11.2023
Grayscale's Solana Trust (GSOL) is trading at $202 a share following a 653% rise since the start of September. The Trust's underlying asset, SOL, has trebled to $58 in the same period
Grayscale ‘Constructively Engaging’ With SEC on Spot Bitcoin ETF, Says CEO
11.11.2023
Crypto asset manager Grayscale Investments is “constructively engaging” with the U.S. Securities and Exchange Commission (SEC) regarding its application to convert its flagship bitcoin trust into a spot bitcoin exchange-traded fund (ETF), says CEO Michael Sonnenshein. The executive...
U.S. SEC Said to Open Talks with Grayscale on Spot Bitcoin ETF Push
8.11.2023
The U.S. Securities and Exchange Commission (SEC) has opened talks with Grayscale Investments on the details of the company's application to convert its trust product GBTC to a bitcoin spot exchange traded product (ETF), according to a person familiar with the back-and-forth, which could have...
Grayscale Investments Partners with FTSE Russell to Roll Out Crypto Sector Index Series
24.10.2023
Today, Grayscale Investments announced a partnership with the UK-based global index provider FTSE Russell to introduce the FTSE Grayscale Crypto Sector Index Series.
The index hopes to bring clarity to the fast-growing, yet often misunderstood crypto asset market by offering a structured...
Grayscale Partners With FTSE Russell for New Crypto Indexes Business
24.10.2023
U.S. crypto asset manager Grayscale Investments has entered into a partnership with FTSE Russell – the index division of London Stock Exchange parent LSE Group – to create a new crypto indexes business
Grayscale ETF Case's Final Word Coming in Federal Court as SEC Loss Formalized
19.10.2023
Grayscale Investments is waiting for a federal court tomorrow or soon after to formalize the defeat it handed the U.S. Securities and Exchange Commission (SEC) two months ago in the parties’ dispute over a spot bitcoin exchange traded fund (ETF). That federal court action will close the case...
Bitcoin Could Hit $42K if BlackRock Bitcoin ETF is Approved: Matrixport
19.10.2023
Crypto financial services platform Matrixport has predicted a major Bitcoin (BTC) rally driven by favorable macroeconomic conditions and lower US inflation.
In a recent report titled "Matrix onTarget," the company noted that one notable development is the remarkable performance of Grayscale...
Grayscale GBTC discount falls to 16% as markets bet on Bitcoin ETF approval
16.10.2023
Some analysts say GBTC’s discount is narrowing because investors are pricing in the SEC’s approval on several pending spot Bitcoin ETF applications
SEC Reportedly Decides Not to Appeal Its Bitcoin ETF Court Loss Against Grayscale
13.10.2023
The decision, reported by Reuters, boosts the odds that Grayscale Investments will be able to turn its Grayscale Bitcoin Trust (GBTC) into a more investor-friendly ETF
Grayscale Pursues Ethereum Spot ETF Amid ETH Futures ETF Boom
2.10.2023
Today, Grayscale Investments, a leading digital asset fund manager, submitted a filing to the U.S. Securities and Exchange Commission (SEC), to convert its Ethereum Trust into a spot Ethereum ETF.
The move comes as other financial companies like Vaneck, Bitwise, and Proshares launch Ethereum...
Crypto Has Become a Non-Partisan Issue in the US: Grayscale CEO
19.9.2023
Grayscale CEO Michael Sonnenshein believes cryptocurrency has become a non-partisan issue, claiming that policymakers now acknowledge it's here to stay.
In a recent interview, Sonnenshein said the company is willing to collaborate with the US Securities and Exchange Commission (SEC) to bring about...