Grayscale Investments is ready to fight back. Fight back, that is, against accusations rendered by TradFi hedge fund firm Fir Tree Partners, which has repeatedly — in public declarations and its ongoi...
Tag: GBTCs
Grayscale’s GBTC’s beating this year very likely to persist
Grayscale’s flagship product, the Grayscale Bitcoin Trust (GBTC), grabbed headlines throughout the year — typically for the wrong reasons. Grayscale foresees a limited possibility of relief over...
Grayscale may return 20% of GBTC’s capital only if these conditions are met
Grayscale Investments has been in a legal battle with SEC since 2021. The SEC refused the firm’s request for a spot Bitcoin exchange, leading to the tussle. Grayscale Investments, the firm behind the ...
Grayscale may return some capital to investors if GBTC’s ETF dreams fail: WSJ
Grayscale Investments will explore how to return up to 20% of its Grayscale Bitcoin Trust’s capital to shareholders if it cannot turn the product into an exchange-traded fund. A tender off...
GBTC’s Discount Deepens to Near 50% – Trustnodes
One bitcoin at Grayscale’s Bitcoin Trust (GBTC) is worth 50% less than one bitcoin on global exchanges. That’s a further increase in the discount over last month, with bitcoin’s price stuck at $9,000 ...
GBTC’s near $11 billion assets under management pose a risk in the bear market: UBS
Your size is not Grayscale’s size Grayscale’s size can be extremely problematic in a bear market, Kachkovski said. Any sale would widen the GBTC discount further but not necessarily affec...
Find Here The Research Analysis that Confirms GBTC’s 633K BTC
After the mess of FTX, the term “proof of reserves” or PoRs gained the attention of the crypto community. While many of the crypto firms do not seem comfortable providing PoRs, still analysts seem the...
Analyst Confirms GBTC’s 633K Bitcoin Claim Despite Grayscale’s Reluctance to Share Proof of Reserves
An independent analyst has confirmed that GBTC owns approximately 633,000 Bitcoin held by its custodian – Coinbase Custody. This comes as Grayscale, the asset manager running the world’s largest bitco...
Independent research verifies GBTC’s 633K Bitcoin: So why won’t Grayscale?
With digital asset management firm Grayscale refusing to provide proof of reserves for its Grayscale Bitcoin Trust (GBTC), an independent analyst has spent days combing through the blockchain to indep...
Armstrong holds no Coinbase stock but who has GBTC’s bitcoin?
Brian Armstrong has sold every last share of Coinbase common stock that he held since IPO. The last sales were recorded on November 11, quietly occurring as crypto markets focused almost exclusively o...
GBTC’s Discount to NAV Hits New Record Low after SEC Declining its Bitcoin Spot ETF Application
The shares of the Grayscale Bitcoin Trust (GBTC) saw a new record low of -31% last Thursday, June 30; that is, GBTC’s discount hit -31%, its lowest point in history. The discount means the marke...
GBTC’s Discount to NAV Hits New Record Low after SEC Bitcoin Spot ETF Decision
The shares of the Grayscale Bitcoin Trust (GBTC) saw a new record low of -31% last Thursday, June 30; that is, GBTC’s discount hit -31%, its lowest point in history. The discount means the marke...