grayscale News and Articles

Grayscale Investments initiated a lawsuit against the US Securities and Exchange Commission (SEC) after the regulator rejected an application to convert a GBTC trust into a bitcoin ETF. The regulator justified the verdict by inconsistency with the requirements for “preventing fraudulent and...

Digital currency investing and asset management firm Grayscale is getting ready to enter the European market. The CEO of the firm Michael Sonnenshein told Bloomberg about the plans. Reportedly, it is not certain on which markets and countries Grayscale will offer its products. Sonnenshein said that...

The US Securities and Exchange Commission (SEC) has requested public comment on Grayscale Investments' spot bitcoin ETF. Intelligence analyst Eric Balciunas, 95% support the launch of a financial instrument. In October 2021, the founder and CEO of Digital Currency Group, the parent company of...

Digital currency investing and cryptocurrency asset management company Grayscale published a new list of assets it considers to add to its investment products. There are various cryptos listed such as DeFi, Layer 1, and Metaverse tokens. The total number of the included assets is 25. Among them are...

Digital asset management company Grayscale Investments has announced the launch of trust to invest in the native token of the Solana network. “We attract assets for the trust through regular private placement, thanks to which investors will be able to acquire the asset at net worth,” the...

Grayscale, a digital asset management company, continues to ramp up investments in bitcoin, ether, and other major cryptocurrencies. Funds for such instruments go through specialized trusts. The giant's latest statement on Twitter notes that as of August 24, its cryptocurrency trusts have...

Stamford-headquartered leading digital currency asset manager Grayscale, reported that it will offload fund account and administration functions for the Grayscale Bitcoin Trust to BNY Mellon in October. Thus, the company aims to turn its GBTC into a BTC ETF. We have selected @BNYMellon as an asset...

Leading digital currency asset manager Grayscale announced adding the native token of the Cardano blockchain ADA to its Digital Large Cap Fund (GDLC). Welcome aboard, #Cardano. We have adjusted the portfolio of Grayscale Digital Large Cap Fund to now include $ADA.— Grayscale (@Grayscale)...

Grayscale Investments has listed 13 additional assets based on which it can offer new investment trusts to clients in the future. The company has promised to periodically update the list. Grayscale explained that they do not guarantee the launch of new products based on each of the presented...

Barry Silbert's Digital Currency Group (DCG) announced its intention to acquire up to $ 750 million in Grayscale Bitcoin Trust (GBTC) shares. The announced figure is three times more than the one announced in March. According to the message, as of April 30, 2021, DCG spent $ 193.5 million for these...

The Grayscale Bitcoin Trust (GBTC) hit a record low of -18.92% on April 22. This means that the market price of GBTC shares is 19% down than its net asset value (NAV). GBTC started trading at a discount price first time in late February. There are several reasons for this. One of the main ones is...

Full-service brokerage firm Rothschild obtained 265,302 shares worth $4.75 M of the Ethereum Trust of Grayscale. This is the first time that the company has put capital into the product. The entity also expanded its stake in GBTC by about 8,000 shares, thus making them 38,346 in total....

Leading cryptocurrency asset manager Grayscale announced that the sum of its entire AUM surged to $50.6 B. This is an unprecedented case of any digital asset manager's total AUM surpassing $50 B. MILESTONE: We just reached $50 billion AUM. Yet another reason to #GoGrayscale....

Leading digital currency investing services provider GrayScale has integrated Chainlink's (LINK) to its Digital Large Cap Fund (GDLC). Recently, the token has been seeing a significant price increase. At the time, it stands at above $33 ranking tenth by market cap (above $13.7 B). As stated in the...

Leading digital currency asset manager on the global scale, Grayscale announced its plans to turn the BTC Trust (GBTC) into an ETF. The asset manager filed a paper with the US SEC. Grayscale requested an ETF authorization back in 2016 but took back the request because of regulatory issues....

Grayscale, which manages up to $ 43.6 billion in digital assets, has launched new trusts. Institutional investors have the opportunity to channel funds into products focused on ChaniLink (LINK), Basic Attention Token (BAT), Decentraland (MANA), Filecoin (FIL), and Livepeer (LPT). Grayscale has...

Today major crypto investment manager GrayScale issued 5 additional altcoin trusts. They are LINK, BAT, MANA, FIL, and LPT. The entity disclosed its plans to launch these products in January. Along with these additions, the number of GrayScale's crypto trusts reached...

Over the past 30 days, Grayscale has acquired 178,691 Litecoin (LTC). The financial giant invested $ 28.9 million in the purchase of such a volume of cryptocurrency, given the LTC rate of $ 162. Analysts found that Grayscale was accumulating Litecoin in parallel with increasing capital investment...