Grayscale and the U.S. Securities and Exchange Commission will soon have their oral arguments heard in court regarding the conversion of Grayscale Bitcoin Trust into an exchange-traded fund, according...
Tag: Grayscale
Grayscale Vs SEC: DC Fast-Tracks Verbal Arguments In The Lawsuit
The verbal arguments will now be heard on March 7, at 9:30 a.m. SEC rejected Grayscale’s application to convert GBTC into an ETF. Crypto experts believe that the conversion about GBTC would help the i...
Grayscale vs. SEC Heats Up: Court Hearing Preponed To March 7!
The U.S. Securities and Exchange Commission (SEC) denied Grayscale’s application to convert its Grayscale Bitcoin Trust (GBTC) vehicle to a spot Bitcoin, and Grayscale has now chosen to sue the SEC in...
SEC and Grayscale to Debate on a Bitcoin ETF in Court in March
The world’s largest digital asset manager – Grayscale – will reportedly present its arguments in court regarding the potential launch of a Bitcoin ETF in the US on March 7. The United States Securiti...
SEC’s ‘one-dimensional’ approach is slowing Bitcoin progress: Grayscale CEO
The approach to crypto regulatory enforcement by the United States Securities and Exchange Commission (SEC) has stalled the advancement of Bitcoin (BTC) in the country, according to the CEO of Graysca...
Court Sets Date For Grayscale Vs. SEC
The insolvency of Genesis Trading and the related uncertainty about the future of Digital Currency Group (DCG) and Grayscale have not really dampened the mood on the Bitcoin market in recent weeks. Ge...
Ark Invest Offloads 500,000 Grayscale Bitcoin Trust (GBTC) Shares
11 hours ago | 2 mins read Bitcoin News The price of GBTC naturally rose along with Bitcoin’s. ARKW sold off 500,000 GBTC shares just around the time the stock price started going up. Cathie Wood’s Ar...
Securities and Exchange Commission’s ‘regulation by enforcement’ is stalling crypto, Grayscale CEO says in WSJ
Grayscale Investments CEO Michael Sonnenshein bashed the Securities and Exchange Commission’s “one-dimensional approach of regulation by enforcement” in a letter to the Wall Street Journal. “Th...
Valkyrie Investments Seeks More Control of the Grayscale Bitcoin Trust
Valkyrie Investments is working to become the new sponsor and manager of the Grayscale Bitcoin Trust, arguably the largest digital currency fund in existence. Valkyrie Investments Wants a Bigger Role ...
‘Wolf Of All Streets’ warns Grayscale collapse would trigger ‘massive selling event’ for Bitcoin
With the battered cryptocurrency industry only recently starting to recover from the collapse of several of its major companies, questions are arising as to whether the market and its assets could tak...
Osprey Leads Latest GBTC Takeover Attempt
Osprey Funds is the latest digital assets-focused investment manager vying to take over management of Grayscale’s bitcoin trust (GBTC) as public pressure against the troubled vehicle continues to moun...
Grayscale Blasts SEC’s ‘Illogical’ Denial of GBTC Conversion
Grayscale Investments’ lawsuit against the SEC took another step forward Friday as the cryptoasset manager called out the regulator for “illogical” reasoning. The company sued the SEC in June after it...
Grayscale files brief in ETF suit against SEC, oral arguments may come within months
Grayscale filed a reply brief in its appeal of the United States Securities and Exchange Commission (SEC) denial of its application to convert its $12-billion Grayscale Bitcoin Trust (GBTC) into a spo...
Grayscale Replies to SEC, Argues That Bitcoin (BTC) Spot ETF Denial Is Illogical
Crypto hedge fund Grayscale is telling the U.S. Securities and Exchange Commission (SEC) that its denial of Bitcoin (BTC) exchange-traded funds (ETFs) is “illogical.” Replying to a brief filed by the ...
Grayscale Files Response to SEC Amid New Proposal For GBTC
Crypto investment firm Grayscale filed a response to the US Security and Exchange Commission’s (SEC) opposition to converting its Bitcoin Trust (GBTC) into a spot BTC ETF on Jan. 13. The Bitcoin inves...
Grayscale Files Reply Brief to SEC Denial of its Spot BTC Conversion
GBTC submitted a 41-page Reply Brief with the US District Court of Appeals. Grayscale argued that the SEC acted arbitrarily in discriminating spot bitcoin. Grayscale says spot ETF would unlock over $4...
In Search of Cash, DCG Looks to $500M Venture Capital Portfolio: Report
Digital Currency Group (DCG) is reportedly looking to sell some of its venture capital holdings to raise capital after affiliate Genesis was among those who took a major hit during last year’s market ...
Grayscale sends reply brief to SEC in ETF Suit: What’s next?
Grayscale has filed a reply brief in its appeal against the denial of the SEC’s application to convert its $12 billion GBTC into a spot-based Bitcoin ETF. Grayscale also claimed that the SEC overstepp...
Grayscale slams SEC stance on bitcoin spot ETF
The legal battle between SEC and Grayscale continued today as the latter slammed the former’s stance as “illogical.” Grayscale says SEC’s stance is illogical The legal problem between Grayscale and SE...
Questions Raised As Grayscale Reportedly Moved 21K BTC on Dec 31st
– Advertisement – Data suggests the asset manager sent 1K+ BTC to Coinbase. Grayscale Investments, an American digital asset manager and a Digital Currency Group (DCG) subsidiary, is repor...
Grayscale Set to File Next Brief in Ongoing Lawsuit with SEC
Grayscale set to file next brief in an ongoing lawsuit with U.S. SEC. The brief will challenge SEC’s decision to deny conversion of GBTC to a spot Bitcoin ETF. Grayscale will consider other ways to re...
Grayscale Bitcoin Trust (GBTC) Jumps 12% Despite Ongoing Struggles
12 hours ago | 2 mins read Bitcoin News The trust’s discount relative to the NAV of its Bitcoin assets shrank to 38.55 percent. According to treasury filings, it has 643,572 Bitcoin, worth around $11....
News about Grayscale Bitcoin Trust- The Cryptonomist
Crypto news: large hedge fund company Grayscale’s leading indirect investment in BTC flies on the stock market but this reduces the discount on Grayscale Bitcoin Trust. Grayscale is grappling with so...
Grayscale Bitcoin: GBTC discount to NAV narrows to -38.55%
Shares of the Grayscale Bitcoin Trust (OTCMKTS: GBTC) rose on Tuesday as an uptick across the crypto market pushed prices of Bitcoin (BTC/USD) and other cryptocurrencies higher. What’s the discount to...
Grayscale Bitcoin Trust Discount Shrinks To 38%
The Grayscale Bitcoin Trust (GBTC) took a surprising development yesterday, Monday, January 9, when the world’s largest private BTC fund rose 12% in price. As TradingView data shows, the GBTC share pr...
Fir Tree Sued Grayscale. Now, GBTC’s Overseer Is Retaliating
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...
AVAX Slips 2% As Grayscale Dumps Avalanche From Large Cap Fund
The Avalanche network’s AVAX token was down around 2% Friday morning after the Grayscale Digital Large Cap Fund dumped its holdings. Grayscale disclosed the portfolio rebalancing in a Securities and E...
AVAX Value Drops By 2% Following Grayscale Removal of Avalanche From Large Cap Fund
In its latest quarterly update, Grayscale announced the rebalancing of funds for the fourth quarter of 2022. As part of the rebalancing, Grayscale sold off a certain amount of its Digital Large Cap Fu...
Grayscale Removes Avalanche (AVAX) Token From Portfolio
6 hours ago | 2 mins read Altcoin News On Friday morning, Grayscale filed a notice with the SEC detailing the rebalancing. The Grayscale fund manages $163 million in assets. After the Grayscale Digita...
Can DCG, Genesis, and Grayscale Survive the FTX Fallout?
After the FTX collapse, concerns around the Digital Currency Group (DCG) and its subsidiaries (Genesis, Grayscale) began spreading across the industry. Can the crypto market witness yet more contagion...
Grayscale Raises $7.5 Billion – Trustnodes
The Grayscale Bitcoin Trust (GBTC) has sold $7.46 billion worth of shares, Michael Sonnenshein, its CEO, said in a filing. The amendment points out the first sale occurred on the 25th of September 201...
A Billion-Dollar Hedge Fund Is Betting Against USDT, Bitcoin And Grayscale
Join Our Telegram channel to stay up to date on breaking news coverage Grayscale’s parent business Digital Currency Group, the Bitcoin Trust (GBTC), and other stakeholders are continuing to put pressu...