On Dec. 9 Grayscale announced that shares of Grayscale Decentralized Finance (DeFi) Fund have begun trading on OTC Markets under the symbol $DEFG. Grayscale’s DeFi Fund- $DEFG According to Grayscale D...
Tag: Grayscales
Digital Asset Giant Grayscale’s DeFi Investment Product Starts Trading on OTC Markets Amid Crypto Bear Market
Amid the ongoing crypto winter, digital asset management giant Grayscale’s decentralized finance (DeFi) investment product has started trading on the financial market OTC Markets. The Grayscale DeFi F...
Grayscale’s GBTC discount to NAV hits all-time low of 47%
The price of Grayscale Bitcoin Trust (GBTC) versus the bitcoin it actually holds hit an all time low on Wednesday, with the discount ratio reaching 47.3%, according to data from The Block. The G...
Grayscale’s GBTC discount nears 50% causing further concern in community
Grayscale Bitcoin Trust (GBTC) is trading at a record-low discount of 49.20% to the underlying assets’ net asset value (NAV), as of Dec. 8. Source: Tradingview According to ycharts data, GBTC shares a...
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...
Onchain Analysis Verifies the Number of BTC Held by Grayscale’s Bitcoin Trust – Bitcoin News
After Grayscale Investments shared information concerning the company’s product holdings, people questioned why the firm wouldn’t share the public addresses associated with the crypto assets it holds....
Grayscale’s GBTC discount to NAV hits record low
In the wake of FTX’s meltdown, one of the crypto market’s most popular financial products continues to feel the pressure. Grayscale’s Bitcoin Trust — a product that offers bitc...
Coinbase clears the air about Grayscale’s Proof of Reserves
Grayscale Investment admitted last Friday that investors of its cryptocurrency investment products are becoming more inquisitive about the safety of the assets. Not surprisingly, this follows the stor...
Grayscale’s Bitcoin Discount Might Reach 70%, Details
Arman Shirinyan One of biggest trusts in cryptocurrency industry might face enormous selling pressure In the last few days, Grayscale’s Bitcoin Trust became the center of the market’s atte...
Grayscale’s decision to withhold proof of reserve data could mean this for BTC
Grayscale’s recent statements puts Bitcoin at risk of another crash or subdued performance BTC drops below $16,000 for the first time in two years The FTX crash was a wakeup call for exchanges and cry...
GBTC Manager Insists the ‘Holdings of Grayscale’s Digital Asset Products Are Safe and Secure’ – Bitcoin News
On Nov. 18, 2022, at 5:47 p.m. (ET), Grayscale Investments’ official Twitter account shared information on the safety and security associated with Grayscale’s digital asset products. The update from G...
Grayscale’s Ethereum Price Falls Below $700, Bitcoin to $9,000 – Trustnodes
2017 is in full swing at Grayscale where one bitcoin is just about over $9,000, a price level first reached to a wide applause of memes about five years ago. Ethereum is not faring much better, with i...
Grayscale’s Bitcoin Trust Hits Record-Low 43% Discount After FTX Crisis
Grayscale’s Bitcoin Trust (GBTC) hit a new record low discount to the price of Bitcoin barely a week after setting its last. As of Friday morning, the Bitcoin-tracking investment vehicle is trading at...
Grayscale’s GBTC Available at Record Low of 43% Discount
20 mins ago | 2 mins read Exchange News The funds are pooled from several institutional investors and used to purchase Bitcoin. In early 2021, GBTC was trading at a premium of around 29% above the pri...
Grayscale’s Bitcoin Price Falls to $10,000 – Trustnodes
Bitcoin went down to four digits on Grayscale’s Bitcoin Trust (GBTC), falling to a low of about $9,000 per bitcoin. That’s at an ever widening discount of 42% at some point, with it somewhat recoverin...
Cathie Woods’ ARK Buys 315K Shares in Grayscale’s Bitcoin Trust
Ark Investment Management purchased 315,259 shares worth about $2.8 million in the Grayscale Bitcoin Trust (GBTC) with GBTC currently trading near a record discount to net asset value (NAV) following ...
Coinbase Backs Grayscale’s Bitcoin ETF Lawsuit Against SEC
America’s largest cryptocurrency exchange, Coinbase, is putting its weight behind Grayscale—the world’s largest Bitcoin fund—in its legal battle with the Securities and Exchange Commission (SEC). Gra...
Grayscale’s Bitcoin ETF Battle With the SEC Earns Support From Crypto Titan Coinbase
Crypto exchange giant Coinbase is supporting Grayscale in its legal battle against the U.S. Securities and Exchange Commission (SEC). Crypto asset manager Grayscale is suing the SEC in response to the...
Coinbase backs Grayscale’s EFT to alter the SEC’s rejection
Coinbase has filed an amicus brief against the SEC. The brief notes that the SEC has not accepted the offer of the fir for a spot bitcoin exchange-traded fund. Coinbase, a crypto exchange platform has...
Coinbase files brief backing Grayscale’s ETF lawsuit against SEC
Coinbase (NASDAQ: COIN) has filed an amicus brief in support of digital assets manager Grayscale Investments, which is suing the US Securities and Exchange Commission (SEC) over the rejection of the c...
Grayscale’s GBTC Climbs New Record of 36.7% Discount
It has been a dull weekend for Bitcoin struggling to clear the $20,000 resistance zone. Further indicating a potential case of dwindling institutional interest in the flagship cryptocurrency is the Gr...
Cardano (ADA) Is The Top Asset On Grayscale’s Smart Contract Fund, But There Are Downsides
– Advertisement – Cardano remains the most weighted asset on Grayscale’s smart contract platform fund, but a user points out some downsides. It bears mentioning that after persistent deman...
Polygon (MATIC) Now Part of Grayscale’s Large Cap Fund
Alex Dovbnya Polygon (MATIC) has been added to Grayscale’s large-cap fund that was initially launched in early 2018 Leading cryptocurrency asset manager Grayscale has added support for Polygon (...
Grayscale’s Large Cap Fund Now Includes Polygon (MATIC)
2 hours ago | 2 mins read Altcoin News Bitcoin (BTC) now accounts for 65.12% of the $193 million fund. The fund decided to sell its holdings in XRP after Ripple lawsuit. As part of its quarterly rebal...
Grayscale’s New Co-Investment Vehicle Aims to ‘Capture the Upside of Crypto Winter’ – Bitcoin News
On October 6, Grayscale Investments announced a new venture that gives accredited investors the opportunity to invest in the mining infrastructure that powers the digital asset ecosystem. According to...
Grayscale’s New Venture Aims to Capture Bear Market Opportunities in Bitcoin Mining
The crypto winter has clearly been rough for the miners, who have seen profit margins shrink as bitcoin prices plunged more than 50% this year, while power prices soared and capital dried up. This has...
Grayscale’s Bitcoin Price Drops to $11,000 – Trustnodes
The Grayscale Bitcoin Trust (GBTC) is expanding its huge discount with one bitcoin there trading for as low as $11,400 on Friday. It has slightly recovered since to almost precisely $12,000, but that’...
Grayscale’s GBTC drops to all-time low of $12.5K; conversion to spot ETF could trigger rebound
Grayscale’s bitcoin trust (GBTC) which started trading at a discount in Feb. 2021 has reached an all-time low of -36% when compared to the spot BTC price of $19,000. Grayscale launched the first bitco...
Shares in Grayscale’s Bitcoin Trust (GBTC) Trade at 36% Discount to Fund’s NAV
Data tracked by Delphi Digital has disclosed that GBTC shares relative to the underlying cryptocurrency held in the fund have had their discount widened to 36.2% on September 30. Grayscale Investment...
Grayscale’s new broker dealer for Bitcoin Trust replaces Genesis
Grayscale Investments, the digital assets investment firm behind the Grayscale Bitcoin Trust (OTCMKTS: GBTC), has unveiled a new broker dealer unit that will henceforth create and issue shares of its ...