FTX Plans to Sell $744M Worth of Grayscale, Bitwise Assets Through Investment Adviser

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FTX Plans to Sell $744M Worth of Grayscale, Bitwise Assets Through Investment Adviser

The “trust assets” are held in five Grayscale Trusts, totaling an estimated $691 million, and one trust managed by Bitwise, amounting to $53 million, based on the market value as of October 25, 2023. The trusts allow investors to gain exposure to digital assets without owning the digital assets. www.coindesk.com

The “trust assets” are held in five Grayscale Trusts, totaling an estimated $691 million, and one trust managed by Bitwise, amounting to $53 million, based on the market value as of October 25, 2023. The trusts allow investors to gain exposure to digital assets without owning the digital assets.

www.coindesk.com

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