Grayscale ETH futures ETF a ‘trojan horse’ for spot Ethereum ETF: Analyst
Bloomberg ETF analyst James Seyffart thinks Grayscale’s Ether futures ETF application is just a ploy to corner the SEC to approve its spot Ether ETF. Go to Source
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Grayscale GBTC discount falls to 16% as markets bet on Bitcoin ETF approval
Some analysts say GBTC’s discount is narrowing because investors are pricing in the SEC’s approval on several pending spot Bitcoin ETF applications. Go to Source
Crypto community reacts to Biden’s proposed crypto tax reporting rules
Many prominent crypto commentators are concerned that this will make crypto firms even more reluctant to do business in the United States. Go to Source
Grayscale Bitcoin ETF decision could happen this week, pundits say
The pending Grayscale ruling could impact the race for an approved spot Bitcoin exchange-traded fund. Go to Source
Grayscale Investments Files for 3 New Exchange Traded Funds
On May 9, digital currency fund manager Grayscale Investments announced the establishment of the Grayscale Funds Trust and submitted registration filings for three exchange-traded funds with the U.S. Securities and Exchange Commission. Grayscale Introduces Grayscale Funds Trust and Files for 3 ETFs As the leading digital currency fund manager, in terms of assets under management … Read more
Polls suggest Elizabeth Warren’s anti-crypto army strategy may not pay off
Elizabeth Warren has long been a crypto-critic, and appears to be making it a focus as her re-election bid kicks off. Go to Source Powered by WPeMatico
Alameda Research Sues Grayscale Investments Seeking to Unlock Billions in Value for Shareholders
FTX Debtors and affiliate Alameda Research Ltd. have filed a lawsuit against Grayscale Investments, seeking injunctive relief to unlock $9 billion in value for shareholders of the Grayscale Bitcoin and Ethereum Trusts. The debtors allege that “Grayscale has extracted over $1.3 billion in exorbitant management fees in violation of the trust agreements.” FTX Debtors Accuse … Read more
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 BTC ETF there would “no longer” be a discount or a premium, amid ongoing legal action against the SEC. Go to Source Powered by WPeMatico
Digital Currency Group Suspends Dividends Amid Regulatory Trouble With Subsidiary Genesis
According to a shareholders’ letter from Digital Currency Group (DCG) viewed by finance and crypto publication Coindesk, the company has suspended dividends until further notice. This news follows the U.S. Securities and Exchange Commission (SEC) charging a subsidiary firm of DCG, Genesis Global Capital, with operating an “unregistered offer and sale of securities to retail … Read more
SEC looks to intercept Grayscale Bitcoin ETF review bid
The SEC is looking to block an appeal from Grayscale Investments after denying its proposed Bitcoin exchange traded fund. Go to Source Powered by WPeMatico
