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SEC Reviews Proposal for New Bitcoin, Ether ETF Custodians

[Sep 19 10:30 PM] The U.S. Securities and Exchange Commission (SEC) is seeking public input on a proposal by Cboe BZX Exchange to add new custodians for bitcoin and ethereum exchange-traded funds (ETFs). The plan aims to enhance security by adding Anchorage Digital…

SEC Extends Review Period for Bitcoin Trust Options Trading Proposals

[Jul 22 1:20 PM] The U.S. Securities and Exchange Commission (SEC) has announced an extension for its decision on proposed rule changes from various self-regulatory organizations regarding the listing and trading of options on trusts holding bitcoin. The…

Grayscale Bitcoin ETF takes the slow train to recoup $17.4B outflows

[May 7 2:19 AM] GBTC has recorded inflows for two consecutive days — bringing its total inflows to $66.9 million.

Grayscale Aims to Launch Mini Bitcoin Trust for Lower Fees and Tax Benefits

[Mar 12 9:05 AM] Grayscale has revealed the submission of an S-1 form to the U.S. Securities and Exchange Commission (SEC) for the launch of a new, smaller version of its popular Grayscale Bitcoin Trust (GBTC). This initiative is designed to provide shareholders…

Grayscale’s GBTC Bitcoin Holdings: A $6 Billion Exodus in 22 Days

[Feb 3 9:30 AM] According to data, Grayscale’s Bitcoin Trust, GBTC, recently released another batch of bitcoin valued at $184.19 million. GBTC’s holdings decreased from 482,592.18 bitcoin to the current 478,337.43 bitcoin in just one day, marking a…

$867 Million Erased — Grayscale’s GBTC Experiences Record 20,803 Bitcoin Reduction in 24 Hours

[Jan 27 9:30 AM] Recent data from Grayscale’s GBTC spot bitcoin exchange-traded fund reveals a significant reduction in its holdings, with 20,803.83 bitcoin, valued at $867.98 million, being withdrawn from the fund’s reserves. This substantial…

Grayscale’s GBTC Witnesses Historic Shrink in Discount to NAV as Metric Taps Single Digits

[Nov 25, 2023 2:30 PM] On Friday, data revealed a notable shift in Grayscale’s Bitcoin Trust, commonly referred to as GBTC, as its discount to net asset value (NAV) contracted to single digits for the first time in 2023. The figures indicate that GBTC’s discount…

SEC Ordered to Re-Evaluate Grayscale’s Bitcoin ETF Conversion With Court Mandate

[Oct 23, 2023 3:35 PM] The U.S. Securities and Exchange Commission (SEC) once again holds the reins when it comes to evaluating Grayscale’s spot bitcoin exchange-traded fund (ETF) application. On October 23, 2023, the U.S. Court of Appeals for the D.C. Circuit…

Grayscale Files New S-3 With SEC, Pushing to Convert Bitcoin Trust Into NYSE Spot ETF After Court Win 

[Oct 19, 2023 9:00 AM] Grayscale Investments, the leading digital asset manager by assets under management (AUM), unveiled on Thursday its latest submission to the U.S. Securities and Exchange Commission (SEC). This move seeks to list the Grayscale Bitcoin Trust (GBTC)…

Grayscale’s Bitcoin Trust Discount to NAV Narrows Sharply to a 16.59% Gap

[Oct 13, 2023 10:30 AM] Grayscale’s Bitcoin Trust, known as GBTC, has witnessed a significant shift in its market dynamics. In January 2023, GBTC traded at a significant 48.31% discount to its net asset value (NAV). Today, that gap has narrowed to 16.59%…

Digital Currency Group Suspends Dividends Amid Regulatory Trouble With Subsidiary Genesis

[Jan 18, 2023 2:30 PM] According to a shareholders’ letter from Digital Currency Group (DCG) viewed by finance and crypto publication Coindesk, the company has suspended dividends until further notice. This news follows the U.S. Securities and Exchange Commission…

Osprey Vies for Control of Grayscale’s Bitcoin Trust; Tron’s Justin Sun Offers to Invest Up to $1B on DCG Assets

[Jan 14, 2023 11:30 AM] Following charges by the U.S. Securities and Exchange Commission against the crypto exchange Gemini and the digital currency lender Genesis, Tron founder Justin Sun told the press that he may be able to purchase assets from Genesis, up to $1…

Valkyrie Investments Wants To Take Over Grayscale Bitcoin Trust, Reveals Plans

[Jan 2, 2023 5:00 PM] The state of the Grayscale Bitcoin Trust (GBTC), the largest BTC trust in the world, has sparked concerns among investors in the space. With such a large discount to net asset value (NAV), there have been discussions on where the fund goes from…