Shares of the Grayscale Bitcoin Trust are trading significantly below BTC spot prices as the asset circles around $30K. Since the beginning of the year, GBTC is down some 45%. Grayscale is the world’s leading digital asset manager, and its Bitcoin Trust is the company’s flagship product. It allows investors to receive exposure to the … Read more
The world’s largest digital asset manager – Grayscale – will reportedly launch an exchange-traded fund in Europe. The product, tracking the “Bloomberg Grayscale Future of Finance Index,” will go live in the UK, Germany, and Italy. Grayscale’s First ETF in Europe A few weeks ago, CEO – Michael Sonnenshein – disclosed that the company seeks … Read more
Grayscale announced its first European ETF, listing on the London Stock Exchange, Borsa Italiana and Deutsche Börse Xetra. Crypto investment giant Grayscale is expanding operations by launching a new crypto-linked exchange-traded fund (ETF) in Europe. Grayscale officially announced its first European ETF, called Grayscale Future of Finance UCITS ETF, on May 16. The new investment … Read more
It’s a polarizing world in institutional Bitcoin offerings this week as Grayscale’s CEO remains convinced demand will return. Bitcoin (BTC) descending to $24,000 has cost its largest institutional investment vehicle more than the average hodler. According to data from on-chain monitoring resource Coinglass on May 13, the Grayscale Bitcoin Trust (GBTC) is now trading at … Read more
Grayscale met with the SEC behind closed doors to persuade regulators to approve the fund’s application to convert into a spot-bitcoin ETF. Grayscale, the largest bitcoin fund in the world, met with the SEC in a closed meeting. The meeting was meant to persuade regulators to approve Grayscale’s conversion from a fund to a spot-bitcoin … Read more