Grayscale’s GBTC Discount Widens to Near-Record High
Grayscale’s Bitcoin Trust (GBTC), the world’s largest publicly traded bitcoin fund, has seen its discount widen to near record highs.
DCG Is Selling Holdings in Grayscale: Financial Times
Digital Currency Group (DCG) has started selling holdings in several investment vehicles run by its subsidiary and digital assets manager Grayscale at a steep discount, according to a Financial Times report citing U.S. securities filings.
Grayscale Sued by Osprey Funds for Misleading Advertising on GBTC’s Conversion into an ETF
Osprey Funds is suing Grayscale Investments for false and misleading advertising regarding the conversion of its GBTC trust into a spot Bitcoin ETF.
Grayscale CEO Says GBTC Investors Will Receive Tender Offer if SEC Fails to Approve ETF
Michael Sonnenshein, the CEO of American digital asset management firm Grayscale Investments, has revealed that investors in the firm’s Bitcoin Trust Fund (GBTC) will receive a tender offer if the United States Securities and Exchange Commission (SEC) fails to approve the product.
What is Grayscale Investments?
Grayscale Investments is a company that manages cryptocurrency trusts and other investment products. How does it work? How is it evolving? Let’s see!
Osprey Funds Leads Latest GBTC Takeover Attempt
Osprey Funds is the latest digital assets-focused investment manager vying to take over management of Grayscale’s bitcoin trust (GBTC) as public pressure against the troubled vehicle continues to mount.
Grayscale Says Recent Events Will Not Affect GBTC Conversion Case Against SEC
Grayscale’s chief legal officer Craig Salm said on Jan. 12 that he does not expect the recent spate of events in the crypto space to impact its case against the SEC.
Grayscale’s Bitcoin Trust (GBTC) Shares Jump 12%, Narrowing Discount to 38%
Grayscale’s Bitcoin Trust (GBTC) shares rose 12% on Jan. 9 to $9.65 and narrowed the discount to its net asset value to 38.55% — its largest one-day increase since February 2022, according to YCharts data.
Grayscale Bitcoin Trust Discount Narrows to 8-Week Low as DCG Faces Pressure
The Grayscale Bitcoin Trust's (GBTC) early 2023 rally has outpaced that of its underlying bitcoin (BTC) holdings, thus significantly narrowing its discount to net asset value (NAV).
Grayscale Bitcoin Trust Shares Jump 12%, Narrowing Discount
Shares in the troubled Grayscale Bitcoin Trust (GBTC) surged on Monday, narrowing its discount from Bitcoin.
