Grayscale
What is Grayscale Bitcoin Trust (GBTC)?
The Grayscale Bitcoin Trust is an investment vehicle that is designed to enable investors to trade Bitcoin shares without actually owning BTC.
Grayscale Investments Opens Trading for Grayscale Bitcoin Cash and Litecoin Trusts
Grayscale Investments, the world’s largest digital currency asset manager has opened public trading for two prominent altcoins, Bitcoin Cash and Litecoin.
Grayscale Adds Five New Crypto Investment Trusts including One for Chainlink and Filecoin
Grayscale Investments has expanded its product line by launching new investment trusts including Chainlink, Filecoin, and Basic Attention Token.
Grayscale CEO Optimistic that US Regulators Can't Stop Bitcoin
Barry Silbert, CEO of Grayscale Investments thinks that Bitcoin has too much support from policymakers in the United States to ever be shut down completely.
Grayscale Now Owns 2.4% of BTC Circulating Supply
Over the past week, crypto fund management firm Grayscale Investments increased its assets under management by $180 million in the firm’s Bitcoin Trust.
Grayscale Investments Removes XRP from Its Fund and Rebalances Bitcoin, Ethereum, Litecoin, and BCH Assets
Grayscale Investments has joined other exchanges and funds in removing its support of Ripple’s XRP token.
Grayscale Ends Quarter with Record-Breaking Inflows of $5.7 Billion as Demand for Crypto Goes Up
Grayscale Investments has released their quarterly report assessing the last months of 2020.
Grayscale Plans to Offer More Digital Asset Products to Meet Rising Investor Demand
Grayscale Investments LLC has announced plans to explore other digital assets.
Grayscale Announces the Launch of its Diversified Crypto Investment System for Trading
Grayscale Investments, the American-based crypto management fund, announced a plan to launch its diversified crypto investment system for trading. This investment product is known as Grayscale Digital Large Cap Fund (GDLCF), and trading will begin in no distant time with access to US securities.
Grayscale Investment Company Receives FINRA Approval to Trade Bitcoin Cash and Litecoin Publicly
US regulators have approved shares of Grayscale Investment’s Litecoin and Bitcoin Cash Trusts for public trading.
Grayscale Survey: 55% of US Investors Like Bitcoin in 2020
Grayscale Investments has released a report dubbed Bitcoin Investor Study 2020 showing that 55% of US investors are keeping a watchful eye on purchasing Bitcoin in 2020.
Peter Schiff Sends Stern Warning to Barry Silbert Over Grayscale Bitcoin Trust Price Collapse
Grayscale investments’ national ad campaign has fallen on deaf ears, with shares in Grayscale’s Ethereum Trust plummets 80%. Peter Schiff sends a warning to Grayscale investments CEO Barry Silbert.
Millennium Management Hedge Fund Gains Exposure to Bitcoin through Grayscale
Millennium Management has gained exposure to Bitcoin (BTC) through Grayscale Bitcoin Trust (GBTC).
Grayscale Files with US SEC to Convert GBTC Into Bitcoin Spot ETF
Grayscale believes that if the SEC approves a futures-based ETF, the agency should be open to approve the physical based ETFs.
Grayscale Will Dissolve XRP Trust In Reaction to SEC Lawsuit Against Ripple
Institutional-grade digital asset firm Grayscale will dissolve its XRP Trust as the United States Securities and Exchange Commission (SEC) pursues its lawsuit against Ripple
Grayscale Launches Bitcoin Mining-Centered Investment Entity
Crypto asset management firm Grayscale plans to launch a new private co-investment opportunity in mining hardware that enriches the bitcoin ecosystem.
Bitcoin Price Surges to 2020 High of $15,960, MicroStrategy Sees $182 Million Increase
The Bitcoin price reached a new high for 2020 gaining over 12% in the last 24 hrs to reach $15,960. MicroStrategy has reported a $182 million gain in their BTC reserve value.
BTC Institutional Investor Base Now Targeting Ethereum (ETH), says Grayscale Managing Director
Michael Sonnenshein, the managing director at Grayscale Investment LLC, has disclosed that Ethereum is one of the cryptocurrencies that people are looking at for investment.
Grayscale's Parent Company DCG Plans to Purchase $50M Shares of Ethereum Classic Trust
Digital Currency Group (DCG), the parent company of the cryptocurrency asset management company Grayscale, announced the firm will buy Grayscale Ethereum Classic Trust shares with a total value of $50 million.
Public Companies Now Hold Almost $7 Billion Worth Of Bitcoin
At the time of writing, there is almost $7 billion of Bitcoin currently held by 13 publicly listed companies, notably MicroStrategy, Square, Galaxy Digital and Grayscale.
Grayscale Bitcoin Survey Reveals More Than 50% of US Investors Are BTC Hungry, Clear Crypto Regulations May Onboard More
Grayscale’s Bitcoin Investor Study revealed that Bitcoin interest and knowledge among investors have been steadily growing this year, accelerated by COVID-19.
Grayscale Launches New Entity to Manage Growing Funds
Cryptocurrency asset manager Grayscale Investments has launched a new entity, the Grayscale Funds Trust, to manage its publicly traded financial products in-house. The company has also filed a registration statement for three new cryptocurrency-focused ETFs, including a Bitcoin Composite ETF, Ethereum Futures ETF, and a Privacy ETF.
Grayscale Files for Three New Crypto ETFs
Grayscale Investments has filed a registration statement with the SEC for three new cryptocurrency-focused ETFs, including a Bitcoin Composite ETF, Ethereum Futures ETF, and a Privacy ETF. Grayscale also announced the launch of its Grayscale Funds Trust to manage its publicly traded financial products in-house.
Kraken Donates $100K to Cryptocurrency Think Tank Coin Center, Following Grayscale’s Footsteps
Kraken crypto exchange has applauded Coin Center for the crypto research institute has played in furthering the cryptocurrency industry.
Digital Currency Group Lands $600M Debt Funding
Grayscale Investments’ parent company Digital Currency Group (DCG) said it has secured a $600 million credit funding, billed to power its many diverse operations.
Coindesk May Be Sold as Parent Company DCG Struggles
CoinDesk may sell. Digital Currency Group (DCG), its parent firm, looks to be struggling financially. DCG has received many bids over $200 million for the media group in recent months.
Morgan Stanley Buys Up To $40 Million Worth of Grayscale Bitcoin Trust Shares
Morgan Stanley recently bought more shares in Grayscale Bitcoin Trust to expand its allocation in Bitcoin investment. The move indicates a continued and ever-increasing position in crypto-related assets.
Grayscale Goes to Court After SEC Rejects its Proposed ETF Bid
The United States Securities and Exchange Commission (SEC) dashed the hopes of Grayscale Investments with a rejection of its application to convert the Grayscale Bitcoin Trust product to a full-spot Exchange Traded Fund (ETF)
Grayscale AUM up $3.4 Billion in a Week, $500 Million in a Day, GBTC 33% Premium Shows High Bitcoin Demand
Institutional-grade digital asset manager, Grayscale Investments is up $3.4 billion in assets under management (AUM) over the last week, bringing total AUM to $16.4 billion.
Investors Enjoy Growing Enthusiasm & Popularity of Bitcoin: Grayscale's Study
A recent survey conducted by Grayscale Investments, a Digital Currency Group (DCG) owned crypto asset manager has revealed the growing enthusiasm and popularity of Bitcoin as an investable asset class.
Grayscale's 33% GBTC Premium Signals “Outrageous” Institutional Demand For Bitcoin, says Willy Woo
Grayscale Bitcoin Trust's (GBTC) premium on Bitcoin has risen to 33%, indicating “outrageous demand” for BTC from institutional investors as its price consolidates at $23,000.
Grayscale Launches New Crypto Dealer as Genesis Got Incapacitated With 3AC Bankruptcy
Grayscale Investments, one of the largest asset managers in the digital currency ecosystem has launched a new broker-dealer dubbed Grayscale Securities, recent filings with the United States Securities and Exchange Commission show
Grayscale Predicts Bitcoin Price and Use-Cases to Increase as Economic Inflation Accelerates
Grayscale believes that the US floating the economy with aggressive quantitative easing has seen Bitcoin investors convert to long-term holders
Grayscale Bitcoin Trust Purchases another 10,000 BTC, Surpassing $22 Billion in AUM
Grayscale Bitcoin Trust has gone from $3 billion in assets under management (AUM) to around $22.9 billion now.
Grayscale's Court Victory Influences SEC's Landmark Approval of Bitcoin ETFs
The U.S. SEC, under Chair Gary Gensler, has approved several spot Bitcoin ETFs, a significant regulatory shift influenced by a court victory by Grayscale. This decision marks a new era in cryptocurrency regulation, signaling greater acceptance and potential mainstream adoption of digital assets.
GBTC's Discount to NAV Hits New Record Low after SEC Declining its Bitcoin Spot ETF Application
Grayscale’s flagship product GBTC has continued to widen its discount. The discount signals the poor performance of the Bitcoin fund. As a solution, Grayscale wants to convert the GBTC into a spot Bitcoin ETF.
SEC Considers Filecoin a Security, Grayscale Disagrees
According to the SEC, Grayscale's Filecoin Trust's underlying asset, Filecoin (FIL), should be classified as a security under federal securities laws. The regulatory body's viewpoint has sparked a dispute, as Grayscale holds a differing opinion on the matter.
eToro Sees More Bitcoin Demands Than Supply, Set To Ration Bitcoin Sales
eToro has noted that it has more demand for Bitcoin (BTC) than its current supply can support and the possibility of rationing sales is high
Bitcoin Price Bull Run Sees Grayscale Investments add $300M AUM in One Day
Grayscale Investments CEO Barry Silbert has announced a breathtaking increase of $300 million in AUM after a single day this week as Bitcoin went on its $13K bull run.
MicroStrategy's Bitcoin Investment Earns $103 Million with ROI of 24.3% in the Last 79 Days
Bitcoin's price is currently around $13.8K. Since Aug. 11, with Microstrategy's purchase of Bitcoin, the company has earned $2.7k per BTC for a total of $103 million.
US SEC Rejects One River Spot Bitcoin ETF Application
The United States Securities and Exchange Commission (SEC) has rejected the spot Bitcoin Exchange Traded Fund (ETF) Application filed by One River Asset Management
Miller Opportunity Trust Says It Could Invest Up To $300 Million In Grayscale’s Bitcoin Trust
Miller Opportunity Trust plans to invest up to $300 million, or 15% of its net assets, into the Grayscale Bitcoin Trust.
Grayscale Contacts with SEC over the Securities Status of Three Trusts
Grayscale Investments, a subsidiary of the Digital Currency Group (DCG) has been in contact with a staff of the United States Securities and Exchange Commission (SEC) over the definition of the status of three of its established Trusts.
ARK Invest Intensifies Investment in Robinhood
ARK Invest, led by Bitcoin enthusiast Cathie Wood, increased its stake in Robinhood, buying 1.1 million shares worth over $9.5 million in a single day. The investment was distributed across three ARK ETFs, with ARKK acquiring the majority.
Grayscale Submits Comment Letter to SEC Regarding Spot Bitcoin ETF Application
Grayscale's legal team submitted a comment letter to the SEC, advocating for the approval of all spot bitcoin ETF applications, emphasizing fair regulation and investor protection.
Grayscale Bitcoin Trust Offers Public Access to BTC “Era of Digital Gold”
Grayscale Bitcoin Trust is offering mainstream investors access to the newly proclaimed era of digital gold as Bitcoin evolves into a dominant store of wealth.
Grayscale Taps Top Former Obama's Lawyer in Preparation for Spot BTC ETF Legal Battle
In preparation for this historic verdict from the SEC, Grayscale has onboarded Donald B. Verrilli Jr as the latest member of its legal team.
Grayscale Debuts First European ETF
Grayscale Investments has announced the launch of its first Exchange Traded Fund (ETF) product in the European Economic Area.
Wilshire Phoenix Files for Publicly Traded Bitcoin-Backed Fund Approval Seeking to Challenge Grayscale’s Dominance
The New York-based investment company, Wilshire Phoenix has filed the s-1 registration statement with the SEC for a publicly-traded Bitcoin fund in accordance with regulatory requirements.
Grayscale CEO challenges SEC's denial of application
If GBTC becomes a spot BTC ETF, Grayscale Investments CEO Michael Sonnenshein stated investors will get a "few of billion dollars" back.
Grayscale Has Strong Case against SEC: Chief Legal Officer
A legal official of Grayscale Investment said the company has confidence in a lawsuit against the US SEC. The company is applying to convert its Grayscale Bitcoin Trust (GBTC) product to a spot Bitcoin ETF.
US SEC Postpones Approval of Grayscale's GBTC to Spot BTC ETF Product
The United States Securities and Exchange Commission (SEC) has once again postponed the approval of the proposal from Grayscale Investments to convert its flagship Bitcoin Trust (GBTC) into a spot Non-Fungible Token (NFT) product.
Grayscale withholds on-chain reserve evidence for security reasons
Cryptocurrency investment product provider Grayscale Investments has refused to provide on-chain proof of reserves or wallet addresses to show the underlying assets of its digital currency products. The company cited "security concerns" in a Nov. 18 Twitter thread addressing investor concerns. Pressure mounts for crypto firms to introduce proof of reserve after FTX's liquidity issues and subsequent bankruptcy.
SEC Postpones Decision on Grayscale Ethereum Trust's ETF Application
The SEC has extended its review period for Grayscale's Ethereum ETF application to January 2024, reflecting a careful evaluation approach towards cryptocurrency ETFs.
Ethereum Layer 2s Surpass Prominent Layer 1s in Total Value Locked
The surge of Layer 2 solutions like Arbitrum, Optimism, and BASE, overtaking Layer 1 blockchains Solana and Avalanche in terms of Total Value Locked (TVL) as of September 25, 2023, highlights the pivotal role of Layer 2s in augmenting the scalability and transactional efficiency of the Ethereum network. The data underscores a growing preference for Layer 2 solutions, demonstrating their potential in enhancing the blockchain technology landscape.
Grayscale Hires Former Alerian CEO Davi LaValle As Global Head of ETFs
Grayscale Investments has announced the hire of Davi LaValle as the head of its ETF business.
Grayscale Floats New Smart Contract Fund for 6 Ethereum Competitors
The acclaimed largest digital assets management company, Grayscale Investments has launched a new investment product tagged the Grayscale® Smart Contract Platform Ex-Ethereum Fund (GSCPxE).
Barry Silbert Resigns from Grayscale Investments Board Amidst Industry Challenges
Grayscale Investments has announced the resignation of Barry Silbert from its board of directors, following a challenging period in the crypto industry. The company has been advocating for the conversion of the world's largest Bitcoin trust into an ETF. The departures come amid legal battles involving Digital Currency Group.
BNY Mellon Bank Tapped to Provide Grayscales with Bitcoin ETF Services
Grayscale Investments has selected BNY Mellon bank as an asset servicing provider for its Grayscale Bitcoin Trust(GBTC) , handling accounting and administrative services, effective October 1.
Tyler Winklevoss Continues to Tout Bitcoin as Break past $40,000 Price Level Anticipated
Whether Bitcoin is experiencing a rainy day or not, Gemini co-founder Tyler Winklevoss will always be backing the mainstream cryptocurrency.
Genesis Global Capital Moves to Liquidate $1.6 Billion in Grayscale Trusts Amid Bankruptcy
Genesis Global Capital has petitioned the U.S. Bankruptcy Court to sell off its Grayscale Bitcoin, Ethereum, and Ethereum Classic Trust holdings, totaling approximately $1.6 billion. This strategic liquidation aims to maximize creditor repayments amidst potential market volatility, following a recent SEC settlement.
Alameda Research Withdraws Grayscale Lawsuit Amid GBTC Shift
Alameda Research has withdrawn its lawsuit against Grayscale Investments following the latter's Bitcoin Trust conversion to an ETF, leading to significant GBTC outflows and reshaping the cryptocurrency investment landscape.
Grayscale Offshoot GDLC Becomes an SEC Reporting Outfit
An offshoot of Grayscale, the Grayscale Digital Large Cap Fund is now an SEC reporting outfit, per the firm's latest announcement.
Grayscale Pairs with Coindesk Index to Launch DeFi Fund and Index
Grayscale Investments has made a move to launch a new DeFi fund and index with Coindesk Index. Grayscale said that the new DeFi fund would give investors the ability to invest in the DeFi protocol.
Metaverse will be a Trillion-dollar Market in Future: Grayscale
Cryptocurrency investment giant Grayscale released a report on Thursday stating that by 2025, the revenue of the virtual gaming world may grow to $400 billion.
SEC Chair Gensler Open to Lawful Revival of FTX
SEC Chair Gary Gensler emphasizes regulatory standards as FTX considers legal and compliant return, following founder Sam Bankman-Fried's conviction, marking a pivotal moment in crypto regulation.
Bitcoin Price Plummets After Bitmex Starts BTC Double Spend Rumor, Grayscale Buys the Dip
BitMex Research incorrectly identified a double spend of around $21 in Bitcoin. The BTC price fell to a low of $28,953.37 and Grayscale Investment bought up $1.2 billion worth.
XRP Price Stable As Grayscale Plans to Dissolve XRP Trust Closing Investment Avenue for Institutions, But Why?
Despite the news that Grayscale’s XRP Trust is going to be dissolved and XRP may lose a significant amount of institutional investors, the XRP price has stabilized—But why?
Grayscale Investments Parent Company DCG Invests $100 Million Into Bitcoin Mining
Grayscale parent company DCG has announced its entry into Bitcoin mining.
Crypto Market Cap Soars Above $2 Trillion
Bitcoin's dominance in the crypto market is reducing, giving room for altcoins to chart their own growth path.
Grayscale Partners with NYSE Arca to File for Spot Ethereum ETF Conversion
Grayscale Investments has collaborated with NYSE Arca to file Form 19b-4 with the U.S. Securities and Exchange Commission (SEC), aiming to convert the Grayscale Ethereum Trust into a spot Ethereum ETF. This move is a significant part of Grayscale's ongoing strategy to transition its entire range of 17 crypto investment products into ETFs. The filing follows the SEC's recent approval of the first Ethereum futures ETFs.
Grayscale CEO Calls on SEC to Protect Investors
Grayscale Investments’ CEO Michael Sonnenshein has called on the United States Securities and Exchange Commission (SEC) to protect Grayscale investors by returning the true asset value to them. Sonnenshein stated in a recent interview that the SEC acted arbitrarily by denying approval for the Grayscale Bitcoin Trust (GBTC) to be a spot Bitcoin exchange-traded fund (ETF) in June 2022, while approving Bitcoin Futures ETFs. He explained that the SEC violated the administrative procedures act, and that Grayscale is suing the SEC over the denial of its initial application. Grayscale has over a million investor accounts, and Sonnenshein called on the SEC to protect investors and return the value to them.
GBTC Litigation: Fir Tree and Grayscale Reach Agreement
Fir Tree Partners, a significant shareholder of the Grayscale Bitcoin Trust (GBTC), and Grayscale Investments have reached an agreement resolving a lawsuit filed by Fir Tree in December 2022. The litigation sought documents and information from Grayscale about potential mismanagement and conflicts of interest at GBTC.
Grayscale Investments Files Claim over Ethereum Proof of Work Token after the Merge
Grayscale Investments, a leading investment partner for digital currencies is set to distribute Ethereum Proof of Work (ETHPoW)
ETH Price Set to Rally as Institutional Capital Flows into Ethereum
Ether price rallied after GME Ethereum futures contracts launched, posting a new all-time high of $1,780. As institutional money flows in, will Ether's price continue to rally?
Grayscale Files Form 10 with SEC for its 3 Trusts
Grayscale has filed a Form 10 on behalf of Horizen Trust, Stellar Lumens Trust, and Zcash Trust to become the company’s products designated as investment vehicles reporting to the SEC.
Rothschild Investment Corp Acquires Over 250M Shares in Grayscale ETH Trust
The Rothschild Investment Corp has revealed that it has taken up a new crypto position by purchasing 265,302 shares of Grayscale Ethereum Trust.
Why Grayscale's SEC Victory Is Unlikely to Benefit Bitcoin and Crypto Markets in the Long Run
The US Court of Appeals ruled in favor of Grayscale Investments, ordering the SEC to review its Bitcoin ETF application. This decision has boosted Bitcoin prices but may not provide long-term benefits due to inconsistent market reactions and declining trading volumes.
Grayscale Investors Buying Bitcoin at Remarkable Rate Despite Goldman Sachs’ Skepticism
New data indicates that institutional clients are increasingly buying Bitcoin via Grayscale Bitcoin Trust despite warning from Goldman Sachs.
Grayscale Wants SEC's Approval for Bitcoin ETF With Public Support
Digital assets manager Grayscale Investments is stirring the public to send a message to the US Securities and Exchange Commission with respect to approving the conversion of its flagship product, the Grayscale Bitcoin Trust (GBTC) to a full-fledged spot Bitcoin Exchange Traded Fund (ETF).
Bitcoin is Making its Way to $12K and Beyond as BTC Supply Expects Massive Shortage
In recent months, MicroStrategy, Square, Stone Ridge Asset Management have all invested in Bitcoin. Will Bitcoin see a massive supply shortage?
Digital Currency Group Announces $250M Share Buyback from Crypto Trusts
Digital Currency Group (DCG), the parent company of Grayscale Investments, has announced a new share buyback program projected to be worth $250 million.
Digital Currency Group Sells Shares in Subsidiary's Crypto Funds
As the crypto empire struggles, Barry Silbert's Digital Currency Group has divested interests in Grayscale Investments funds.
Grayscale's Strategic Shift: Aiming for Bitcoin Spot ETF with Cash Redemption Model
Grayscale changes GBTC to a spot Bitcoin ETF using cash creation model, complying with SEC guidelines after Barry Silbert's resignation, marking a significant shift in the digital asset landscape.
Grayscale Bitcoin Trust Inflows Estimated at $1 Billion per Month - Why It Matters for BTC
Bitcoin’s quick ascent to its all-time high of $24K has shown no signs of slowing down, suggesting that the cryptocurrency is in overbought territory.
SEC Delays Decision on Ether ETFs to May 2024, Impacting Key Proposals
The SEC has postponed its decision on several Ether ETFs, including Hashdex Nasdaq Ethereum ETF and Grayscale Ethereum Futures ETF, affecting the future of Ethereum-based financial products.
CryptoQuant CEO: Bitcoin Could Face Correction As Institutional Investment Stalls
CEO of CryptoQuant Ki Young Ju has warned about a potential correction as on-chain data indicates institutional investment into BTC appears to have stalled.
Banking Giant Morgan Stanley Purchases 28,289 Shares of Grayscale Bitcoin Trust
According to the U.S. Securities and Exchange Commission's document, the US leading investment bank Morgan Stanley is buying 28,289 shares of Grayscale Bitcoin Trust through its European Opportunity Fund.
Crypto Groups Mobilize Support for Grayscale Spot Bitcoin ETF Lawsuit Fight
The groups have faulted SEC’s decision to disapprove applications of spot Bitcoin ETFs, yet the regulator had allowed similar, riskier products to enter the market.
Recent Crypto Sell-Off Hasn’t Deterred Investors, Grayscale CEO Says
Investors are still optimistic despite the current market crash, said Grayscale's CEO.