Grayscale Investment’s Bitcoin Trust (GBTC) has dropped to a new low this week as the bitcoin fund tapped a record 35.18% low against bitcoin spot prices. GBTC’s discount to spot has been underwater f...
Tag: Grayscales
Bitcoin (BTC) Bottomed? Here’s What Grayscale’s Report Say
Bitcoin (BTC) price started the week by successfully soaring above the $22,000 psychological level, making a high of $22,795. The recent rally makes speculation that Bitcoin (BTC) might have bottomed ...
Platform Has a Strong Case against SEC, says Grayscale’s CLO
A legal official of Grayscale Investment said the company has confidence in a lawsuit against the U.S. Securities and Exchange Commission (SEC). The company is struggling in a legal battle with SEC ...
ProShares’ Bitcoin ETF Surpasses Grayscale’s GBTC in Trading Volume; What About Its Inverse?
Alex Dovbnya Grayscale has sued SEC after regulator did not approve its bid to launch first Bitcoin ETF The ProShares Bitcoin Strategy exchange-traded fund has topped Grayscale Bitcoin Trust in terms ...
Here’s What Will Happen if Appeals Court Rejects Grayscale’s Bitcoin ETF Lawsuit Against SEC
Craig Salm, the chief legal officer at Grayscale Investments, the world’s largest digital asset management firm, has disclosed the company’s next move if it loses its case against the United States Se...
Spot Bitcoin ETF: Grayscale’s chief legal officer says litigation could take up to 2 years
Grayscale’s litigation process against the US Securities and Exchange Commission (SEC) over the regulator’s denial of a spot Bitcoin ETF could take as long as two years. That’s according to the leadin...
Here Are the 5 Cryptocurrencies Removed From Grayscale’s Digital Large Cap Fund
Grayscale, whose focus lately has been primarily on turning its flagship Trust into a spot Bitcoin ETF, has removed five altcoins from its Digital Large Cap Fund. The assets in question are Bitcoin Ca...
Grayscale’s Bitcoin Fund Reaches Record Discount After SEC Snub
Alex Dovbnya Grayscale Bitcoin Fund’s discount has hit a record at 35% Shares of Grayscale Bitcoin Trust (GBTC) started trading at a massive discount of roughly 35%, according to data provided b...
Grayscale’s legal challenge to SEC sparks response from the community
After Grayscale’s application to convert its Grayscale Bitcoin Trust (GBTC) into a Bitcoin (BTC) exchange-traded fund (ETF) was denied, the firm launched a legal challenge against the United States Se...
Grayscale’s Bitcoin ETF Hides One Important Catch
Arman Shirinyan Grayscale’s potential conversion might bring more losses than profits to company because of extremely high fees charged now Grayscale is getting ready for the final decision on t...
SEC Rejects Grayscale’s Request for Spot Bitcoin ETF Conversion
The U.S. Securities and Exchange Commission (SEC) has rejected the conversion of the Grayscale Bitcoin Trust into a spot Bitcoin ETF. In response, Grayscale Investments has filed a lawsuit challenging...
The SEC rejects Grayscale’s ETF and is being sued
Yesterday, the SEC finally rejected Grayscale’s application to issue an ETF based on spot Bitcoin in the US markets. As promised, Grayscale is suing the SEC for failing to approve the ETF The SEC doe...
Scaramucci blasts SEC’s rejection of Grayscale’s spot Bitcoin ETF as ‘a missed opportunity’
The general financial market is still reacting to the Securities Exchange Commission’s (SEC) decision to reject the Grayscale spot Bitcoin Exchange-Traded Fund (ETF) over market manipulation concerns,...
Why The SEC Will Reject Grayscale’s Bitcoin Linked Spot ETF
The U.S. Securities and Exchange Commission (SEC) will announce its decision on the Bitcoin-linked spot Exchanged Traded Funds (ETFs) proposals filed by investment giants Bitwise and Grayscale. The Co...
Grayscale’s Bitcoin Price Falls to $12,000 – Trustnodes
The bitcoin price at Grayscale’s stock traded trust, GBTC, has fallen to $12,000 per BTC, far lower than the global market rate of $19,000. The discount has now widened to 34% amid a market rout while...
Bitcoin ETFs Supporters Awaiting July, Will Grayscale’s Bitcoin ETF Get Approval?
The prominent regulator SEC has been quite strict with respect to Bitcoin ETFs. And July 6 was the deadline for Grayscale’s Bitcoin ETF approval. A lot of entities like Fidelity Investments, Skybridg...
Are There Possibilities For Grayscale’s Bitcoin ETF To Get Approval?
Grayscale is willing to implement its plans to convert GBTC to an ETF, but the SEC has been unfriendly towards the Bitcoin ETF. There are skepticisms if Grayscale’s spot-based Bitcoin ETF ...
Why Grayscale’s Bitcoin ETF Could Actually Get Approved
It is an unpopular opinion to think that Grayscale’s spot-based Bitcoin ETF could get approved, but the company is confidently gearing up and it seems like they will not take a ‘no’ for an answer. The...
Former US Solicitor General to Aid Grayscale’s Bitcoin ETF Efforts
The world’s largest digital asset manager – Grayscale – hired Donald B. Verrilli as additional legal counsel. With his help, the firm aims to receive the SEC’s approval and finally convert its Bitcoin...
New Tokens In Grayscale’s Investment Products
The Grayscale Bitcoin Trust (GBTC) on Monday announced the addition of five new tokens to its investment products. The new tokens have begun trading in the markets, taking Grayscale’s total number of ...
Robinhood to Offer Grayscale’s GBTC and ETHE Products – crypto.news
For a number of years, the trading app Robinhood only supported a small number of cryptocurrencies. In the past month, it has increased this number to 11, and it is currently offering two equity asset...
Grayscale’s GBTC and ETHE products now available on Robinhood
Digital asset manager Grayscale has made its flagship Bitcoin (BTC) and Ether (ETH) products available on Robinhood, the popular trading app open to millions of retail users. Beginning on Friday, Rob...
Grayscale’s Stellar Lumens, Zcash and Horizen Trusts Seeking SEC-Reporting Company Status
Alex Dovbnya Three more Grayscale trusts are seeking SEC-reporting company status Grayscale Investments, the biggest cryptocurrency asset manager, said on Thursday that it had filed a registration sta...
Grayscale’s SEC Filings Leave These Cryptos Green
Digital asset manager Grayscale Investments said it has filed registration statements for three crypto trusts with the U.S. SEC. The list of trusts includes products tracking Horizen (ZEN), Stellar Lu...
Grayscale’s Quarterly Rebalancing: Adjusts Crypto Assets, Kicks Two Out
Polkadot (DOT) and Avalanche (AVAX) join the list along with others like BTC, ETH and others to the Digital large Cap Fund at Grayscale. The asset manager has removed two assets as they failed t...
Grayscale’s New Fund: Here Are Different Holdings With Cardano ($ADA) and Solana ($SOL) On Top
Grayscale Investments launched their new fund, which will provide investors with different smart contract networks apart from Ethereum($ETH). Its top holdings are Cardano (ADA) with 23.35% funds and S...
Grayscale’s New Fund Focuses on Ethereum Competitors
Key Takeaways Grayscale has launched a new diversified fund featuring the top smart contract networks in competition with Ethereum. The Grayscale Smart Contract Platform Ex-Ethereum Fund features Sola...