FTX seeking approval to sell funds from Grayscale and Bitwise

FTX seeks to sell $744 million in Grayscale and Bitwise assets amid its bankruptcy proceedings. The asset sale aims to prepare for creditor payouts and minimize price volatility risks. FTX founder Sam Bankman-Fried was recently found guilty of all the charges that had been levelled against him.

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ARK Invest offloads GBTC shares amid Grayscale’s Bitcoin ETF application battle

ARK Invest's recent actions could be influenced by Bitcoin's latest rally. The cryptocurrency's value recently soared, reaching over $35,000 on Oct. 28.

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BTC Price Eyes Explosive Growth Amid Key Grayscale, BlackRock Spot Bitcoin ETF Developments

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GBTC Shares Discount to NAV Narrows to 16% Amid Investor Optimism

Grayscale's GBTC has narrowed to a 16.5% discount as investors grow optimistic about the approval of a spot Bitcoin ETF. The post GBTC Shares Discount to NAV Narrows to 16% Amid Investor Optimism appeared first on BeInCrypto.

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Grayscale GBTC discount hits 2-year low as market eyes BTC ETF approval

Grayscale Bitcoin Trust (GBTC) is seeing its smallest discount in nearly two years amid growing anticipation for potential approval of spot Bitcoin ETFs in the U.S. Recent figures from YCharts indicate that GBTC’s discount to Bitcoin’s net asset value (NAV)…

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GBTC’s Discount Narrows Amid Bitcoin’s Downturn, But A Bullish Trend Is Coming?

The Grayscale Bitcoin Trust (GBTC) share price has again made headlines. Its premium or discount to Bitcoin’s net asset value (NAV), often viewed as an indicator of institutional sentiment towards the cryptocurrency, has displayed a notable trend recently, even amid the prevailing bearish atmosphere.

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Grayscale Ethereum Trust Discount Narrows to 1-Year Low Amid ETF Applications Surge

Grayscale Ethereum Trust's NAV discount hits one-year low at 26.64% amid a surge in US Ethereum ETF applications. The post Grayscale Ethereum Trust Discount Narrows to 1-Year Low Amid ETF Applications Surge appeared first on BeInCrypto.

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Grayscale Ethereum Trust Discount Drops to Lowest in a Year Amid Spot Ether ETF Push

The recent optimism around crypto spot exchange-traded funds helped narrow the ETHE discount.

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Bloomberg Increases Likelihood Of Grayscale Spot Bitcoin ETF Approval Amid Uncertainty

Following the court’s ruling in favor of Grayscale against the US Securities and Exchange Commission (SEC), many have begun to wonder whether or not the SEC will succumb and approve Grayscale’s ETF application.

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GBTC Shares See Volumes Climb To 2-Year High Amid Grayscale’s Victory Lap

On August 29, the US Court of Appeals ruled in favor of Grayscale in its legal battle against the US Securities and Exchange Commission (SEC). Following this, Grayscale’s GBTC shares trading volume significantly increased, climbing to a 2-year high in the process.

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Bitcoin Cash price outlook: Sellers pounce after BCH spike above $220

Bitcoin Cash price is down 5% on the day after rising 21% on Tuesday as Grayscale news helped push BCH to above $228.   Sellers could push the altcoin’s price lower amid broader market’s profit taking deals.

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Why Litecoin (LTC) Price Might Stay Below $100 Amid Crypto Market Rebound

The recent crypto market rebound following Grayscale's victory over the Securities and Exchange Commission (SEC) has seen altcoins bounce back. However Litecoin (LTC) appears to be a laggard - Can it reclaim $100 in the future? The post Why Litecoin (LTC) Price Might Stay Below $100 Amid Crypto Market Rebound appeared first on BeInCrypto.

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US congressman urges Gensler’s SEC exit amid Grayscale ruling

US Congressman Warren Davidson renews calls for SEC Chair Gary Gensler's removal following a Tuesday court ruling in favor of Grayscale.

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Top 5 crypto losers in August amid market rebound

While the global crypto market is rallying towards a $1.1 trillion cap following Grayscale’s SEC win, FLEX, HEX, and others report substantial losses. The global crypto market took a U-turn since the announcement of Grayscale’s win against the U.S. Securities…

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GBTC discount narrows to 33% amid buyout rumors, revived spot Bitcoin ETF interest

Grayscale’s Bitcoin Trust (GBTC) shares rose 11% on June 20 to $16. 85 and narrowed the discount to its net asset value (NAV) to 33. 45%—its highest point since the beginning of the year, according to YCharts data.

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BlackRock ETF Filing Boosts Grayscale Bitcoin Trust Close to 2023 Peaks as Demand Surges

Institutional Demand for GBTC Grows Amid Hope for BlackRock’s Bitcoin Spot ETF BlackRock’s recent plans to launch a Bitcoin spot price exchange-traded fund (ETF) have ignited a rally in the Grayscale Bitcoin Trust (GBTC), the pioneering institutional Bitcoin investment vehicle.

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Grayscale stock soared nearly 9% amid federal hearing

Grayscale Bitcoin Trust (GBTC) is making waves in the market as its share price surged by almost 9% on March 7.

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GBTC approval could return a ‘couple billion dollars’ to investors: Grayscale CEO

Grayscale Investments’ boss, Michael Sonnenshein, said that if GBTC got the green light to “convert” to a spot Bitcoin ETF, there would “no longer” be a discount or a premium amid ongoing legal action against the SEC.

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Grayscale Files Response to SEC Amid New Proposal For GBTC

Grayscale filed a response to the US Security and Exchange Commission's (SEC) opposition to its spot BTC ETF application. The post Grayscale Files Response to SEC Amid New Proposal For GBTC appeared first on BeInCrypto.

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Grayscale claims commerce is continuing as normal with its assets

Greyscale has today officially announced in a recent statement that it would be pausing withdrawals amid the ongoing FTX crisis. This comes after several other firms also paused withdrawals amid the contagion.

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Cathie Woods’ ARK Buys 315K Shares in Grayscale’s Bitcoin Trust

Ark Invest also bought Coinbase during the stock’s drop amid the FTX fallout.

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Grayscale Bitcoin Trust Tumbles By 41% Amid The FTX Calamity

The recent crisis in the world’s third-largest crypto exchange, FTX, is creating more devastating conditions in the Bitcoin and crypto market. Over the past few days, the FTX token (FTT) has lost more than 70% of its value.

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Amid bearish chaos Grayscale BTC and ETH, premium rates hit record...

The cryptocurrency market has witnessed a significant crash in the last few days. Bitcoin along with altcoins suffered a major crash that saw coins reaching levels never seen below. Needless to say, tThe post Amid bearish chaos Grayscale BTC and ETH, premium rates hit record... appeared first on AMBCrypto.

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Amid Extremely Divided Bitcoin Market, HODLers Show Remarkable Resilience

The Bitcoin market is currently indecisive on a bullish or bearish path, and this may exacerbate crypto volatility, says Glassnode analysts in their Monday analysis of the BTC on-chain activity. Even as the market continues to ponder the Grayscale GBTC unlock, the Purpose ETF product and over-the-counter inflows went down last week, which suggests low […]

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Morgan Stanley Acquires 28,000 Shares of Grayscale Bitcoin Trust, Doubles Investors’ Dividend

Coinspeaker Morgan Stanley Acquires 28,000 Shares of Grayscale Bitcoin Trust, Doubles Investors’ Dividend Amid Bitcoin market volatility, Morgan Stanley acquires 28,000 GBTC shares getting exposure to the world's largest crypto.

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Grayscale Bitcoin Trust Dropped Nearly 20% Amid Intense BTC Market Selloff

The currency bitcoin market correction has dealt a particularly harsh blow to Grayscale Bitcoin Trust (GBTC), the biggest fund tracking the cryptocurrency. BTC Price Momentum As bitcoin prices plummet, the fund has gone into free-fall, shedding almost 20% off its $29.

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Grayscale Invests in 35 Million XLM Amid Rising Institutional Interest in Stellar

Grayscale has been among the top institutions that have adopted cryptocurrencies over the past year to diversify their portfolio. In the last 30 days, Grayscale Investments hedge fund has acquired 35,855,625 XLM.

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Grayscale adds $120 million worth of Bitcoin to its coffers amid continued institutional interest

Bitcoin has seen some volatility over the past few weeks. The post Grayscale adds $120 million worth of Bitcoin to its coffers amid continued institutional interest appeared first on CryptoSlate.

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Grayscale Reduces XRP, XLM Holdings Amid Ripple Lawsuit

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BitGo And Grayscale Increase Crypto Assets Under Custody To $16 Billion Each

Bitcoin assets held and managed at BitGo and Grayscale continue to grow amid a surge in institutional investor interest in the crypto industry.

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Grayscale Investments hold 2.4% of Bitcoin (BTC) circulation

Amid the current boom, several giants such as Grayscale took a risk by investing in Bitcoin. Rather than a risky stance, it was an abiding approach to purchase Bitcoin. As per analysts BTC is on the verge of a new bull-run and will mark a new high in 2020.

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Institutional Money Flowing Heavily Into Ethereum Amid Growing Valuation

Foremost cryptocurrency investment and asset management firm Grayscale currently holds more than 1% of total existing Ethereum. This was revealed in the company’s latest report of Net Assets Under Management (AUM) released on the 2nd of June.

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CZ Believes Bitcoin’s Supply Is Running Out Amid Rapidly Growing Institutional Demand

Grayscale has been hitting the crypto news headlines of late. Apparently, this firm has been on a buying craze for Bitcoin since the halving, and people are taking note of this. Not Even Enough For One Buyer Binance CEO Changpeng Zhao is one of the latest characters to take note of the buying offensive by […]

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Investments in Grayscale Bitcoin Trust Hit Record High Amid Economic Crisis

Grayscale Investments has announced the strongest quarter in its history. Investments into the company’s cryptocurrency products, including the flagship Grayscale Bitcoin Trust (GBTC), hit a record high in the first quarter.

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Ethereum (ETH) Hits $307 Amid Bullish Serenity, Grayscale News

ETH Rallies Alongside Bitcoin The crypto community is absolutely euphoric. Both Bitcoin (BTC) and Ethereum (ETH), two of the largest cryptocurrencies, have been rallying over the past few days. Over the past day, according to.

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Institutions Are Building Core Crypto Positions, Have Seen the Drawdown As an Attractive Entry Point, Says Grayscale Report

Grayscale, a digital asset management fund and a subsidiary of Digital Currency Group, published its digital asset investment report on Feb. 14 in which it revealed that capital inflow from institutional investors is on the rise.

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Even During Nuclear Winter, the Largest Crypto Asset Manager Controls Nearly $1 Billion

Cryptocurrencies have continued to stumble, but one organization has been making promising strides in the back offices of the Bitcoin space.  Grayscale Investments, a wholly-owned subsidiary of the crypto conglomerate that is the New York-based Digital Currency Group, revealed that its products secured millions in investment amid the so-called “crypto winter.

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