Grayscale Files with US SEC to Convert GBTC Into Bitcoin Spot ETF
Grayscale Investments LLC, the world’s biggest digital currency asset management firm, has filed with the U.S. Securities and Exchange Commission (SEC) to convert its Grayscale Bitcoin Trust (GBTC) into a physical…
Grayscale Investments Launches Defi Fund — Now Offers 15 Crypto Investment Products
Grayscale Investments has launched a decentralized finance (defi) fund. The new defi fund is the crypto asset manager’s 15th investment product and its second diversified product. “The emergence of decentralized…
Oldest US Bank BNY Mellon To Provide Grayscale Bitcoin Trust With Asset Servicing And ETF Services
Grayscale Investments has engaged the oldest bank in the U.S., BNY Mellon, to provide asset servicing for its bitcoin trust. The bank will also provide ETF services for the bitcoin…
Grayscale Investments’ Diversified Cryptocurrency Fund Now An SEC Reporting Company
Grayscale Investments now has three SEC reporting funds, with the newest addition being the Digital Large Cap Fund. The company has also filed to make three other funds SEC reporting…
US Senator Invests In Bitcoin And Ethereum Via Grayscale
U.S. Senator Patrick Toomey has declared investments in Grayscale’s bitcoin and ethereum trusts. His declaration shortly followed one by fellow congressman, U.S. Representative Barry Moore, who declared that he had…
Cathie Wood Bought The Dip: Ark Invest Purchases One Million GBTC Shares
Cathie Wood, the founder of Ark Invest, bought the dip this Tuesday when Bitcoin prices tumbled below $30K. According to reports, Ark acquired more than one million shares of the…
Grayscale Considering 31 Crypto Assets For Investment Products
Grayscale Investments is considering 31 crypto assets to add to its family of investment products. The company, with $32.9 billion in crypto assets under management, currently offers investments in 13…
Marlton Applauds Decision To Increase Digital Currency Group’s Authorized Purchase Of GBTC Shares For $750 Million
Investment management firm, Marlton, has applauded the recent decision to authorize the purchase by Digital Currency Group (DCG) of up to a total of $750 million worth of shares of…
Investment Manager Guggenheim Warns Of Bitcoin Pullback, Calls It ‘Great Entry Point’ For Investors
Guggenheim CIO Scott Minerd has warned crypto investors about bitcoin’s pullback. He said bitcoin “clearly has gotten caught in a speculative bubble that Gamestop got into.” However, he noted that…