Grayscale
GBTC Shares Jump on Judges' SEC Skepticism
Parent Company is Seeking to Overturn SEC Denial And Convert GBTC to an ETF
Grayscale To Consider Tender Offer If ETF Conversion Fails
CEO Expects Court Decision Early Next Year
Grayscale Reassures Investors After Sister Firm Seeks Emergency Funding
Cites Security Concerns for Not Publishing Proof-of-Reserves
GBTC Discount Widens to 36% as Legal Fight With SEC Looms
Index Issuer Takes on Feds After Bitcoin ETF Denied
Grayscale Gives Institutions Index Exposure to DeFi
Grayscale is now offering institutional investors index exposure to DeFi. The Grayscale DeFi Fund tracks Coindesk’s DeFi Index (DFX), a new market cap-weighted benchmark index following a representative basket of ten DeFi crypto tokens. These include Uniswap (UNI) weighted at 49.95%, Aave (AAVE) weighted at 10.25% and Compound (COMP) weighted at 8.38%. Grayscale’s new index…
Grayscale Aims to Turn GBTC Into an ETF
Grayscale Investments intends to convert Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund (ETF), the asset manager said in a blog post Monday. “While several firms have submitted Bitcoin ETF applications in the form of an S-1 or 19b-4 to the SEC, we are confident in our current positioning and engagement with the SEC,” according…
Grayscale Says ETH is Money, Commodity, and Interest-Bearing Asset
Grayscale also thinks ETH is money. Digital currency asset manager Grayscale, breaks down three lenses through which to value Ethereum’s cryptocurrency Ether; money, commodity and interest bearing asset, in its first Ethereum-specific report. Grayscale offers institutional investors a vehicle to get exposure to ETH via its Ethereum Trust, which now has an AUM of $5.1B.…
