Grayscale

Grayscale

Finance

Goldman Sachs Eyeing Bitcoin ETF Role Via BlackRock and Grayscale: Sources

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.

Goldman Sachs CEO David Solomon (Lester Cohen/Getty Images)

Finance

Barry Silbert Resigns as Grayscale Chairman, to Be Replaced by Mark Shifke

Shifke is the CFO of Silbert's Digital Currency Group and will take over Jan. 1, Grayscale said in an SEC filing.

Barry Silbert. CEO & Founder Digital Currency Group (DCG)

Markets

Cathie Wood's ARK Invest Sells $33M of Coinbase Shares, $5.9M of Grayscale Bitcoin Trust

The investment management firm sold a total of 237,572 COIN shares across three different exchange-traded funds: ARKK, ARKW and ARKF

Ark Invest CEO Cathie Wood

Finance

Grayscale Setting Up for Bitcoin ETF Race by Hiring Industry Veteran From Invesco

John Hoffman spent over 17 years at investment manager Invesco and will lead Grayscale's distribution and partnerships team.

Grayscale's new ad campaign in New York's Penn Station.

Markets

FTX Gets Court Approval to Sell $873M Worth of Grayscale, Bitwise Trust Assets

FTX held shares of five Grayscale Trusts and one Bitwise trust, according to an earlier court filing. The crypto firm Galaxy won court approval for an expansion of its mandate in helping to dispose of assets.

(CoinDesk)

Finance

Grayscale Gears Up for Spot Bitcoin ETF, Updating Trust Agreement for Sake of ‘Operational Efficiencies’

The changes involve the fee structure, and how assets can be custodied for smoother share creation and redemptions.

Michael Sonnenshein (CoinDesk)

Markets

ARK Invest Sold $5M Worth of Grayscale Bitcoin Trust Shares Last Week

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.

Ark Invest CEO Cathie Wood

Markets

Grayscale Bitcoin Trust Could See $2.7B of Outflows if ETF Conversion Is Approved: JPMorgan

The bitcoin price could come under pressure as some of the money is likely to completely exit the ecosystem, the report said.

Grayscale CEO Michael Sonnenshein (CoinDesk)

Policy

SEC Delays Decision on HashDex Bitcoin Spot ETF Application, Grayscale Ether Futures Filing

Franklin Templeton also has an outstanding bitcoin ETF application with a Nov. 17 decision deadline.

Photo of the SEC logo on a building wall

Markets

Bitcoin Drops 4% to $35K Despite Soaring Tradfi Markets, But Analysts Remain Optimistic

An unexpected slowdown in inflation sent stock and bond markets sharply higher, but crypto was left out, possibly due to declining enthusiasm about the imminent approval of a spot bitcoin ETF.

Bitcoin price on Nov. 14 (CoinDesk)