Crypto Markets Today: Fir Tree Suit Against Grayscale Adds to Industry’s Growing Woes

The hedge fund wants more details about the Grayscale Bitcoin Trust, which has fallen by nearly 75% this year. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.

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Hedge Fund Fir Tree Sues Grayscale for Details on GBTC: Bloomberg

Fir Tree wants the Grayscale Bitcoin Trust to resume redemptions and cut fees.

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Хедж-фонд Fir Tree открыл крупный «шорт» на USDT

Хедж-фонд Fir Tree Capital Management, под управлением которого находятся активы на $4 млрд, открыл крупную короткую позицию по наиболее популярному стейблкоину USDT.

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Bloomberg: американский хедж-фонд занял короткую позицию против USDT

Американский хедж-фонд Fir Tree Capital Management занял «значительную» короткую позицию против стейблкоина Tether (USDT). Структура рассчитывает на падение стоимости ценных бумаг из резервов эмитента актива, пишет Bloomberg со ссылкой на клиентов компании.

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Hedge fund shorts Tether

According to a Bloomberg report released Friday, hedge fund Fir Tree Capital Management, who…

The post Hedge fund shorts Tether appeared first on Coin Journal.

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Hedge Fund Fir Tree Makes Big Short Bet Against Tether: Bloomberg

The asymmetric bet limits the downside, but promises big profits if correct, say clients of the firm.

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Top 6 Traditional Hedge Funds Noting a Steep Decline in Managed Assets

Hedge funds are going through a rather rough stage right now. Not just the cryptocurrency service providers, but more traditional offerings are feeling the pressure as well. The following hedge funds – ranked by loss amount – have seen their total valuation plummet significantly over the past few years.

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