Tag: Grayscale
Grayscale Bitcoin Trust Discount Narrows to 8-Week Low as DCG Faces Pressure
Also possibly at work could be any investor positioning taking place around the start of the year. Having grown fat in a number of one-way (mostly dow [...]
Grayscale ETH trust nears record 60% discount as nerves continue over DCG
The Grayscale Ethereum Trust (ETHE) is trading at nearly a 60% discount to the underlying value of its assets, with shares falling 93% from its Jun. 2 [...]
Crypto Asset Manager Valkyrie Investments Wants to Sponsor, Manage Grayscale Bitcoin Trust
Valkyrie, one of Grayscale’s rivals, previously launched a bitcoin trust and a bitcoin-related exchange-traded-fund (ETF) in 2021. As part of their pl [...]
Grayscale CEO highlights 20% GBTC share buyback option if ETF conversion fails
According to an end-of-year letter to investors published on Dec. 10, Grayscale Investments' CEO Michael Sonnenshein said that the firm may consider " [...]
Grayscale Will Explore Returning 20% of Investor Capital if SEC Refuses Spot Bitcoin ETF: Report
Grayscale Investments is exploring options to return a portion of capital underlying its flagship Grayscale Bitcoin (GBTC) product if the SEC refuses [...]
Grayscale Bitcoin Trust Discount Reaches Record 50%
The shares have not traded at a premium to bitcoin since last March.
www.coindesk.com [...]
SEC looks to intercept Grayscale Bitcoin ETF review bid
The United States Securities and Exchange Commission (SEC) is taking further steps to stop Grayscale Investments’ efforts to launch a Bitcoin exchange [...]
SEC Strikes Back in Grayscale Suit Over GBTC ETF Conversion
The SEC is holding firm that its decision to reject Grayscale's bitcoin ETF bid was proper.
www.coindesk.com [...]
Grayscale, Under Pressure as GBTC Discount Widens, Says DeFi Fund Now Trading
The trading debut for the new fund, under the symbol “DEFG,” comes as Grayscale’s largest fund, the Grayscale Bitcoin Trust (GBTC), is under distress, [...]
Bernstein Says Saving Grayscale Will Come at a Cost for Digital Currency Group
A feasible deal could involve a large minority partner or a buy-out like structure led by more strategic partners, Bernstein said.
www.coindesk.com [...]
Record Grayscale Bitcoin Trust Discount Widens Industry Woes
Bitcoin (BTC): The largest cryptocurrency by market capitalization was trading around $17,200, up 2.2% in the past 24 hours. BTC was hovering below th [...]
Major Grayscale digital currency funds are trading at 34% to 69% discount to NAV
According to statistics sourced from data aggregator YCharts, seven digital currency funds issued by asset manager Grayscale Investments are currently [...]
Grayscale Bitcoin Trust Discount Widens to Record High Near 50%
“The fact that Grayscale’s Bitcoin Trust is now trading at nearly 50% discount is just awful for holders of GBTC. It really highlights the vast differ [...]
Fir Tree fund sues Grayscale in effort to force changes to Bitcoin Trust
Fir Tree Capital Management has filed a lawsuit against Grayscale Investments demanding information that could be used to force changes to the way it [...]
Crypto Markets Today: Fir Tree Suit Against Grayscale Adds to Industry’s Growing Woes
The hedge fund wants more details about the Grayscale Bitcoin Trust, which has fallen by nearly 75% this year. Crypto Markets Today is CoinDesk’s dail [...]