Tag: grayscale investments

Jul 13 2022

How will the Grayscale SEC Lawsuit affect Bitcoin?

What is a Hedge Fund? A hedge fund is a type of investment instrument that targets qualified investors, institutional investors, and high-net-worth individuals. Because these funds historically concentrate on hedging risk by concurrently purchasing and shorting assets in a long-short equity strategy, the word "hedge" is used to describe them. Hedge funds use pooled capital and a variety of trading techniques to generate...

BlockFi Will No Longer Accept Grayscale GBTC Shares As Collateral, Unwinds All Positions

Crypto lenders in the market have been severely struggling to handle liquidity challenges. On Tuesday, July 12, crypto lender BlockFi announced that it will no longer be accepting Grayscale's GBTC shares as collateral. Following the news, the GBTC stock (OTCMKTS: GBTC) collapsed 5% on Tuesday ending at $12.21. Amid the Bitcoin price correction, the GBTC...

Jul 02 2022

Grayscale Investments vs the US SEC

Yet another ground-breaking legal proceeding is set to take place in the crypto space as Grayscale Investments drags the U.S. SEC to court. The world’s largest crypto asset manager, Grayscale Investments, recently filed a petition against the United States Securities and Exchange Commission (SEC). The petition accuses the SEC of violating both the Administrative Procedure Act and the Securities Exchange Act of 1934....

Jun 30 2022

Grayscale Investments Sues SEC Over Bitcoin ETF Denial

In response to the U.S. Securities and Exchange Commission's denial of a request to convert its Bitcoin trust into an exchange-traded fund, Grayscale Investments, the largest manager of digital currency assets globally, has filed a lawsuit against the SEC. Michael Sonnenshein, CEO at Grayscale Investments,...

Grayscale Is Suing The SEC For Denying Its Spot Bitcoin ETF

Grayscale Investments announced it will sue the U.S. SEC for denying its application to convert its fund into a spot bitcoin ETF.Grayscale Investments is suing the SEC for denying its application to convert GBTC into an ETF. The filing was submitted yesterday evening by the former top legal mind that served in the Obama administration as U.S. solicitor general.Over 11,000 comment...

May 16 2022

Grayscale Debuts European Crypto ETF Despite Market Crash

May 16 2022 Published at Coingape under tags  etf grayscale investments news

Grayscale Investments on Monday said it is launching several new European- listed products as part of its cross-Atlantic debut. The asset manager will launch the Grayscale Future of Finance UCITS ETF in Europe. The ETF will be Grayscale's first European fund to be listed on the London Stock Exchange, Borsa Italiana, and Deutsche Börse Xetra. Moreover,...

Mar 22 2022

Just-In: Grayscale Launches Smart Contracts Fund For Non-Ethereum Projects

Grayscale Investments said on Tuesday it had launched a fund that tracked smart contract blockchain platforms apart from Ethereum. The fund will largely focus on popular and upcoming projects in the smart contracts space, with nearly half of its weighting made up by Cardano and Solana. The new fund, called Grayscale Smart Contract Platform Ex-Ethereum...

Grayscale Investments Announces Diversified Smart Contract Fund to Track Liquid Assets

Leading virtual asset management firm Grayscale Investments expands its comprehensive suite of digital product offerings with its latest diversified fund. Dubbed Grayscale Smart Contract Platform Ex-Ethereum Fund, the service tracks projects in the burgeoning crypto space that are underpinned by smart contract technology. Grayscale Investments has launched a diversified product fund for investors interested in monitoring some of the biggest digital assets leveraging...

Jan 25 2022

Nov 01 2021

Digital Currency Group Sells $700M Worth of Shares in Latest Investment Round

Digital Currency Group (DCG) has confirmed that it has sold $700 million worth of shares after completing a major secondary investment round. Digital Currency Group Sells $700M shares to Alphabet and The Likes Arguably one of the largest companies in the crypto industry, DCG officially announced on Monday, that it has sold the shares to The post Digital Currency Group Sells $700M Worth...

Jul 20 2021

Grayscale Bitcoin Trust (GBTC): Why GBTC Moves Markets

The Grayscale Bitcoin Trust (GBTC) is a publicly-traded trust that invests solely in bitcoin. Grayscale, GBTC’s holding company, is the largest digital asset manager on the market, and the GBTC is one of its biggest products. BGTC is particularly appealing for Investors interested in crypto but not willing to hold coins themselves. In...

Uniswap (UNI) to Be Allocated 49.95% of Grayscale’s New DeFi Fund

Grayscale Investments is has launched a new DeFi fund The DeFi fund will provide investors with weighted exposure to the top 10 DeFi tokens according to market cap They include Uniswap (UNI), Aave (AAVE), Compound (COMP), Curve (CRV), MakerDAO (MKR), SushiSwap (SUSHI), Synthetix (SNX), Yearn Finance (YFI), UMA Protocol (UMA) and Bancor (BNT) Uniswap will be allocated the lions share of the fund...

Jun 18 2021

Grayscale is Exploring the Addition of MATIC & Solana to its Products

Grayscale has updated the list of digital assets it has been exploring as potential additions to its product offerings Grayscale has added 13 digital assets to the list including Polygon (MATIC) and Solana (SOL) Grayscale now has $34.4 Billion in assets under management In the last 30 days, Grayscale has purchased several altcoins including Filecoin, Chainlink, MANA, Liverpeer, ZEC, BCH and Litecoin The...

Apr 06 2021

As Bitcoin (BTC) Approaches $59K, Buy Calls Hit 3-Week High

The overall cryptocurrency market cap has reached $2 trillion as Bitcoin continues to show strength making a move to $59K levels. Although, Bitcoin faces strong resistance at $60K its volatility has reduced as the BTC price is...

Apr 01 2021

Grayscale’s Filecoin Trust and Chainlink Trust Sees Massive Institutional Buying Amid Price Rally

As Bitcoin (BTC) continues to consolidate around $59,000 levels, altcoins are leading the market. However, we shall be talking about two altcoins - Filecoin (FIL) and Chainlink (LINK) - who have registered...

Mar 24 2021

Chainlink Oracles to be Integrated by Filecoin (FIL)

In brief: Filecoin (FIL) is in the process of integrating with Chainlink The move will create an end-to-end Web 3.0 development stack which will enable bidirectional communication between the Filecoin and smart contracts Chainlink and Filecoin Trusts were recently launched by Grayscale Chainlink now has a total of 461 projects that have integrated its technology The decentralized file storage project of Filecoin (FIL)...

Mar 23 2021

Will Grayscale Bitcoin Trust (GBTC) Flip World’s Largest Gold ETF (GLD) in 2021?

Mar 23 2021 Published at Coingape under tags  bitcoin news btcbrl btcbusd btcdai btceur

With nearly 650K Bitcoins in its kitty, the Grayscale Bitcoin Trust (GBTC) is the world's largest Bitcoin fund with ~$38 billion in assets under management. Over the last year, some aggressive Bitcoin purchases and...

Mar 17 2021

Grayscale Launches 5 New Trusts: Chainlink, BAT, MANA, FIL and LPT

Summary: Grayscale Investments has announced the launch of 5 new crypto trusts They include Chainlink (LINK), Basic Attention Token (BAT), Decentraland (MANA), Filecoin (FIL) and Livepeer (LPT) Each of these digital assets has gained significantly in the last 24 hours and/or 7 days The CEO of Grayscale had hinted at a pending announcement earlier today The Wallstreet company of Grayscale Investments has announced...

Mar 10 2021

Digital Currency Group To Invest $250 Million In Grayscale Bitcoin Trust

Digital Currency Group, the parent of Grayscale Bitcoin Trust’s manager, plans to invest $250 million to gain indirect exposure to bitcoin.Today, Digital Currency Group (DCG) announced an authorization to purchase $250 million worth of shares in...

Top 5 Bitcoin Holders in 2021! Hint: Not Tesla…

Although many people and companies bought Bitcoins recently, they entered the crypto sphere at high prices. There are many Bitcoin holders who managed to buy Bitcoins at much cheaper prices, thus owning more than recent comers. In this article, we're going to mention the TOP 5 Bitcoin Holders as of...

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