Grayscale
Sen. Tuberville Calls on DOJ, SEC to Investigate Prometheum; Could Bitcoin Reach $120K by 2024?
“CoinDesk Daily” host Jennifer Sanasie discusses the hottest stories in crypto, including why one bank predicts bitcoin (BTC) could rise to $120,000 by the end of 2024. Sen. Thomas Tuberville is asking the SEC and DOJ to look into crypto broker Prometheum. Lawyers for Grayscale are criticizing regulators for approving a leveraged bitcoin-based exchange traded fund. And, a closer look at Starbucks' latest NFT collaboration.
Grayscale Bitcoin Trust Discount Narrows to Lowest Since May 2022
Buying for the trust has picked up on hopes the SEC might soon approve a spot bitcoin ETF.
Grayscale Argues Leveraged Bitcoin Futures ETF Approval Shows Spot ETF Should Be Approved
The crypto asset manager is suing the SEC for rejecting its bitcoin ETF application last year.
Horizen Sheds Privacy Coin Moniker Amid Global Regulatory Scrutiny
Self-described layer 0 blockchain Horizen is shedding its privacy coin moniker following global regulatory scrutiny. Horizen co-founder and CEO Rob Viglione discusses the move and what it means for the broader crypto ecosystem. Horizen is backed by crypto hedge fund Grayscale's Horizen Trust. Grayscale and CoinDesk are both owned by Digital Currency Group.
GBTC Volume Increases 79% in June Amid TradFi ETF Applications
The trust’s trading volume increased to $45 million in June.
Grayscale Bitcoin Trust Shares Rally to a One-Year High, Discount Dips to 30%
Investors are betting that recent filings for spot BTC ETF improve the chances for Grayscale to convert its trust into an ETF and close the price gap, one observer said.
U.S. Has Room for Compliant Crypto ETF to 'Grow Its Share' as a Bitcoin On-Ramp: Bernstein
Bernstein said in a research report that the Grayscale Bitcoin Trust (GBTC) is only 3% of the total bitcoin market cap, which means there is the “headroom for a compliant ETF to grow its share as a bitcoin on-ramp solving the pain of custody.” "The Hash" panel discusses how the TradFi giants like BlackRock filing for a spot bitcoin ETF application in the U.S. could impact the crypto industry. Grayscale is owned by CoinDesk’s parent company, Digital Currency Group (DCG).
GBTC Share Price Soars, Discount Narrows to Multi-Month Low on BlackRock ETF Filing Optimism
Investors turned optimistic about Grayscale allowing redemptions in the future after BlackRock’s filing for spot bitcoin ETF last week, one analyst said.
BlackRock’s Spot Bitcoin ETF Not The Same As Grayscale’s Product, Experts Say
While both are technically trusts, there’s one key distinction which makes Blackrock’s proposed investment vehicle an exchange traded fund (ETF).
GBTC Discount Narrows After BlackRock’s Filing for Spot Bitcoin ETF
Fund manager Grayscale is currently in a legal standoff with the SEC after the agency denied an application to convert the Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund.
