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SEC Risks Violating Admin Procedure Act by Rejecting Spot Bitcoin ETFs, Says Grayscale
18.4.2022
Grayscale Investments’ CEO explains that the U.S. Securities and Exchange Commission (SEC) could potentially violate the Administrative Procedure Act by not approving a spot bitcoin exchange-traded fund (ETF). SEC Approving Spot Bitcoin ETF Is ‘a Matter of When and Not If’...
Grayscale gears up for legal battle with SEC over Bitcoin ETF
29.3.2022
“I think all options are on the table,” said the Grayscale CEO, adding that the company has put its “full resources” into converting its flagship Bitcoin trust
Institutions increase exposure to Grayscale Bitcoin Trust as GBTC discount nears 30%
6.3.2022
More capital enters the flagship Grayscale trust as it eyes regulator approval to become an exchange-traded fund later this year
Grayscale Investments Asks Investors to Help Convince SEC to Approve Bitcoin Spot ETF
22.2.2022
Grayscale Investments, the world’s largest digital asset manager, has launched a campaign aimed at convincing the U.S. Securities and Exchange Commission (SEC) to approve its bitcoin spot exchange-traded fund (ETF) application. Grayscale seeks to convert its $25.7 billion bitcoin trust...
SEC rejects application for Fidelity’s Wise Origin Bitcoin Trust spot ETF
27.1.2022
The regulatory body said any rule change in favor of approving the ETF would not be aimed at preventing “fraudulent and manipulative acts and practices” nor would it necessarily “protect investors and the public interest.”
Bitcoin Treasuries List Claims 59 Companies and a Handful of Countries Hold 1.49 Million BTC
31.12.2021
304 days or roughly nine months ago, 42 companies held bitcoin on their balance sheet with an aggregate total of 1,350,073 bitcoin on March 1, 2021. Today, metrics indicate there are 59 companies, a few countries, and exchange-traded funds (ETFs) with 1,499,493 bitcoin held in treasuries. Private...
Grayscale Launches Solana Trust — Company Now Manages $54 Billion Across 16 Crypto Investment Funds
1.12.2021
Grayscale Investments has launched a solana trust. The company now has nearly $54 billion in total assets under management. The new trust, which is the company’s 16th crypto investment product, will solely invest in solana (SOL). The CEO of Grayscale said that investors are increasingly...
El Salvador to build 20 'Bitcoin Schools' with surplus from Bitcoin Trust
3.11.2021
The government will use the “surplus” from its Bitcoin Trust account that currently contains 1,120 BTC
MicroStrategy's and Grayscale Bitcoin Trust's Shares Now Compete with ETFs
22.10.2021
The returns for shareholders in two popular proxies for the bitcoin (BTC) price, namely MicroStrategy (MSTR) and the Grayscale Bitcoin Trust (GBTC), have fallen well behind those of spot bitcoin holders this year, with some speculating that the two investment vehicles are no longer needed now that...
Grayscale parent company expands GBTC purchase allocation to $1 billion
20.10.2021
The new allocation extends DCG’s purchase authorization for the Grayscale Bitcoin Trust by $250 million
Grayscale Confirms Plan to Convert GBTC Into Bitcoin ETF
19.10.2021
Grayscale Investments has confirmed its plan to file for its bitcoin trust (GBTC) to be converted into a bitcoin exchange-traded fund (ETF). “The NYSE Arca will file a document called the 19b-4 to convert GBTC into an ETF,” said Grayscale’s official. GBTC to Become Bitcoin...
Grayscale hints at plans to convert Bitcoin trust into BTC-settled ETF
18.10.2021
Grayscale looks to be seeking to restructure its Bitcoin Trust into a physically-backed fund after the SEC approved a Bitcoin futures ETF
Salvadoran President Nayib Bukele Announces Construction of Vet Hospital With Bitcoin Trust Funds
11.10.2021
Nayib Bukele, president of El Salvador, announced yesterday he will start using surplus funds from the country’s bitcoin trust. Part of the $4 million excedent will be invested in a vet hospital that will offer different services for the pets of Salvadoran citizens. Bukele explained this...
El Salvador to build $4M veterinary hospital using profits from Bitcoin trust
11.10.2021
Salvadoran president Nayib Bukele said no Bitcoin will be sold to fund the investment, with the state instead drawing USD from its Bitcoin trust
SEC Delays 4 Bitcoin ETF Deadlines — Regulator ‘Finds It Appropriate to Designate a Longer Period of Time’
1.10.2021
On Friday, the U.S. Securities and Exchange Commission (SEC) has delayed four bitcoin exchange-traded funds (ETF) deadlines for another 45 days. The regulator notes that the entity needs more time to decide on the ETF applications. Global X, Kryptoin, Valkyrie, Wisdomtree Bitcoin ETF Deadlines...
SEC Kicks the Bitcoin ETF Down the Road Again, Legal NFT Battle + More News
1.10.2021
f="https://www.sec.gov/rules/sro/nasdaq/2021/34-93172.pdf">citing the requirement for additional time to decide whether to accept the 19b-4 applications. The approval of the ETFs — Global X Bitcoin Trust, Valkyrie XBTO Bitcoin Futures Fund, WisdomTree Bitcoin Trust, and Kryptoin Bitcoin ETF - ha
JPMorgan Boss Jamie Dimon: ‘If You Borrow Money to Buy Bitcoin, You’re a Fool’
28.9.2021
Jamie Dimon, the CEO of one of the biggest financial institutions of the world, JPMorgan, has once again let the world know about his stance on bitcoin and cryptocurrencies. Dimon stated that whoever borrowed money to purchase bitcoin was, in his opinion, a “fool.” However,...
Grayscale’s BCH, LTC, ETC Trusts Now One Step Closer to Becoming ETFs
11.9.2021
On Friday, Grayscale Investments, the world’s largest digital currency asset manager in terms of assets under management (AUM), revealed that three trusts have been filed with the Securities and Exchange Commission (SEC) in order to become SEC reporting companies. The three trusts include...
Legislative Assembly of El Salvador approves $150M Bitcoin Trust
1.9.2021
El Salvador's government has set aside $23.3 million toward rolling out crypto ATMs and $30 million to incentivize use of the state-backed "Chivo" wallet
Grayscale Bitcoin Trust FUD is now over as the last GBTC unlock totals just 58 BTC
26.8.2021
What was once a major bearish narrative exits via the tradesman's entrance after failing to have any impact on Bitcoin markets