Grayscale’s GBTC Discount Closes to Zero for First Time Since February 2021
[Jan 11 9:44 AM] Grayscale received the regulatory green light to convert its flagship product into an ETF on Wednesday.
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Grayscale Claims Bragging Rights for First Spot Bitcoin ETF to Begin Trading
[Jan 11 5:07 AM] Grayscale's conversion of its $27 billion bitcoin trust into an ETF was finally approved by the Securities and Exchange Commission (SEC) on Wednesday.
Amid Bitcoin ETF Fee War, Grayscale Stands Its Ground With Priciest Product
[Jan 9 11:10 AM] Valkyrie, Invesco and Bitwise lowered their fees further just hours after all rivals finally revealed their fee plans.
In Bitcoin ETF Battle, Grayscale Is Bringing 'a Gun to a Knife Fight'
[Jan 8 9:24 AM] The Grayscale Bitcoin Trust's (GBTC) $27 billion of bitcoin and $350 million of daily volume gives Grayscale an advantage versus BlackRock and other wannabe rivals, according to Bloomberg's Eric Balchunas.
Grayscale Announces 1.5% Fees for Its Proposed Bitcoin ETF Uplist
[Jan 8 6:47 AM] Grayscale, which has some $27 billion in assets under management (AUM), said it was adding Jane Street, Virtu, Macquarie Capital and ABN AMRO Clearing as authorized participants (APs).
Final Bitcoin ETF Application Filings Get Posted by Major U.S. Exchanges
[Jan 5 5:15 PM]
SEC Sees Surge in Spot Bitcoin ETF Securities Registrations as Approval Deadline Approaches
[Jan 4 7:00 PM] Five spot bitcoin exchange-traded fund (ETF) applicants have filed to register their funds as securities with the U.S. Securities and Exchange Commission (SEC) as the approval deadline draws near. While some interpret this development as approval…
Goldman Sachs Wants Role as Authorized Participant for BlackRock & Grayscale's Spot Bitcoin ETF
[Jan 3 12:17 PM] Financial giant Goldman Sachs is in advanced discussions to secure a pivotal role as an authorized participant (AP) for the proposed spot Bitcoin Exchange-Traded Funds (ETF) from BlackRock and Grayscale Investments, CoinDesk reported.According…
Goldman Sachs Eyeing Bitcoin ETF Role Via BlackRock and Grayscale: Sources
[Jan 3 11:48 AM] Goldman Sachs is in talks to play the key role of being an "authorized participant" for BlackRock and Grayscale's bitcoin ETFs, if the SEC approves them, according to people familiar with the situation.
ETF Fever Continues, Gensler Warns Against Crypto’s ‘Wild West’ of Permissionless Exchange, Latam Update — Week in Review
Barry Silbert Resigns as Grayscale Chairman, to Be Replaced by Mark Shifke
[Dec 26, 2023 7:47 AM] Shifke is the CFO of Silbert's Digital Currency Group and will take over Jan. 1, Grayscale said in an SEC filing.
Grayscale Clarifies Investor Tax Implications of a Cash-Created Spot Bitcoin ETF
[Dec 18, 2023 2:30 PM] Grayscale, one of the biggest cryptocurrency asset management firms, has addressed the issue of taxation regarding the adoption of a cash creation model in an upcoming spot bitcoin exchange-traded fund (ETF). The firm clarified that “no spot…
Grayscale CEO Foresees Spot Bitcoin ETFs Unlocking '$30 Trillion Worth of Advised Wealth'
[Dec 18, 2023 12:43 PM] In an appearance on CNBC today, the CEO of Grayscale Investments, Michael Sonnenshein, shared insights regarding the potential impact of a spot Bitcoin Exchange-Traded Fund (ETF) on the cryptocurrency market. Sonnenshein highlighted that a spot…
SEC officials meet again with spot Bitcoin ETF filers
[Dec 15, 2023 12:35 PM] Meetings between asset managers and the SEC intensified over the previous weeks, with Gary Gensler’s team meeting with BlackRock and Hashdex representatives.
Gensler hints Grayscale ruling forced SEC to take ‘new look’ at Bitcoin ETFs
[Dec 14, 2023 10:38 PM] The SEC chair could be softening his stance on Bitcoin ETFs following the Grayscale court victory, but if so, he hasn’t admitted it outright.
Cathie Wood's ARK Invest Sells $33M of Coinbase Shares, $5.9M of Grayscale Bitcoin Trust
[Dec 6, 2023 3:17 AM] ARK sold a total of 237,572 COIN shares across three different ETFs: ARKK, ARKW and ARKF.
SEC pushes deadline to decide on Grayscale spot Ethereum ETF
[Dec 5, 2023 2:38 PM] The commission said it will have until January 2024 to reach a decision on the spot Ethereum investment vehicle, or institute proceedings to extend the deadline again.
Grayscale Bitcoin Trust aims for ETF shift to narrow discount
[Dec 3, 2023 3:11 AM] This move seeks to better synchronize GBTC’s shares with the real Bitcoin price and introduce a streamlined mechanism for investors to create or redeem shares effortlessly.
Grayscale Setting Up for Bitcoin ETF Race by Hiring Industry Veteran from Invesco
[Dec 1, 2023 11:37 AM] Crypto asset manager Grayscale has hired former Invesco Head of Americas John Hoffman to lead its distribution and partnerships team, six weeks before a decision is set to come out on whether the company will be allowed to launch a spot bitcoin…
Court Approves FTX Estate’s Sale of $870M in Grayscale and Bitwise Shares Amid Surging Claim Transfers
FTX Gets Court Approval to Sell $873M Worth of Grayscale, Bitwise Trust Assets
[Nov 29, 2023 4:32 PM] FTX held shares of five Grayscale Trusts totaling $691 million and one Bitwise trust, amounting to $53 million as of Oct. 25, according to an earlier court filing.
Grayscale Gears Up for Spot Bitcoin ETF, Updating Trust Agreement for Sake of ‘Operational Efficiencies’
[Nov 29, 2023 3:30 PM] The changes involve the fee structure, and how assets can be custodies for smoother share creation and redemptions
ARK Invest Sold $5M Worth of Grayscale Bitcoin Trust Shares Last Week
[Nov 27, 2023 3:38 AM] The sales took place as the discount for Grayscale's bitcoin investment vehicle narrowed to its lowest in over two years, a sign of escalating optimism that a spot bitcoin ETF will finally be approved in the U.S.
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…
Grayscale Bitcoin Trust Could See $2.7B of Outflows if ETF Conversion Is Approved: JPMorgan
[Nov 24, 2023 3:58 AM] The bitcoin price could come under pressure as some of the money is likely to completely exit the ecosystem, the report said.
Cathie Wood’s ARK dumps 700K GBTC shares in one month
[Nov 24, 2023 3:26 AM] After selling nearly 700,000 GBTC shares over the past month, ARK’s Next Generation Internet ETF still holds 4.3 million GBTC shares worth $131.8 million.
Grayscale’s Bitcoin ETF Conversion Could Lead To $2.7 Billion Exodus: JPMorgan
[Nov 24, 2023 2:15 AM] In a new analysis, JPMorgan has raised concerns about the potential outflow of funds following the possible conversion of Grayscale Bitcoin Trust (GBTC) into an ETF. The banking giant estimates that the conversion could prompt investors to withdraw…
Grayscale Files Updated Spot ETF As Bitcoin Barrels Past $37,000
[Nov 23, 2023 3:30 AM] The asset manager Grayscale has filed an updated Spot Bitcoin ETF filing following its meeting with the Securities and Exchange Commission (SEC). The foremost cryptocurrency, Bitcoin, also rebounded on the back of the news as it crossed the $37,000…
Grayscale met with SEC to discuss spot Bitcoin ETF details
[Nov 21, 2023 10:10 PM] Grayscale executives and lawyers met with the SEC to discuss a rule change to list the Grayscale Bitcoin Trust (GBTC).
Spot Bitcoin ETF: Why this time is different
[Nov 21, 2023 11:00 AM] The latest Cointelegraph Report explains everything you need to know about a potential spot Bitcoin ETF approval in the U.S., its impact on the market, and its significance for the crypto industry.