Grayscale expects to learn by the end of the third quarter whether it will be allowed to turn its $2.7 billion Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund, the asset manager’s CEO, Michael Sonnenshein said.

Based on the position of Ethereum as a core Web3 infrastructure, we are bullish on Ethereum Trust (ETHE), a Grayscale Trust product, rebounding in performance in the potential bull market.

Grayscale Investments, the world’s largest digital currency asset manager on Monday announced that its Solana Trust began trading on Over-the-Counter (OTC). It is being labeled under the symbol of GSOL. However, Grayscale Solana Trust is trailing by 75.97% in the last 12 months.

Metalpha, based in Hong Kong, has launched the "Next Generation Fund", which allows investors to access Grayscale's digital asset products, including GBTC and redeem shares.

After the U.S. Securities and Exchange Commission’s (SEC) grilling on its decision on the Grayscale spot Bitcoin ETF application, speculation is now on that the SEC insiders are starting to lose grip on the lawsuit. After the SEC representatives faced tough time in the initial arguments on March 7, 2023, the Grayscale Bitcoin Trust $GBTC share price rallied. The judges questioned the SEC’s conclusions in the Grayscale case, asking the regulatory agency as to what the company has to do to get the application approved.

Cryptocurrency investment firm Grayscale Investments is taking more time to decide whether it should acquire and sell post-Merge forked Ethereum tokens.

The future looks bright for the battered Grayscale Bitcoin Trust shares (GBTC), a technical analyst told CoinDesk, pointing to an inverse or reverse head-and-shoulders pattern on GBTC's price chart.

Grayscale Chief Executive Officer Michael Sonnenshein is optimistic following a hearing over the Securities and Exchange Commission's rejection of his firm's application for a spot bitcoin ETF.

Grayscale's premier fund traded higher as its discount narrowed following what some perceived as a successful day in court. Crypto prices slipped across the board, and crypto-related equities also dipped.

Losses from crypto scams in Hong Kong amounted to 1.7 billion Hong Kong dollars ($216.6 million) last year, surging 106% from a year before, according to the local police.