#Grayscale Bitcoin Trust

Grayscale Bitcoin Trust (GBTC) is a digital currency investment product that individual investors can buy and sell in their own brokerage accounts.

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ForkLog 62 09.12.2022

Bernstein analysts flag possible liquidation of the Grayscale Bitcoin Trust

DCG, facing problems at its Genesis Trading unit, could raise capital, sell non-core assets and preserve Grayscale or liquidate GBTC. Bernstein analysts arrived at these conclusions, CoinDesk reports.

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ForkLog 37 07.12.2022

Media: Hedge fund to press Grayscale to resume GBTC buybacks

The hedge fund Fir Tree Capital Management has filed a lawsuit against Grayscale Investments demanding disclosure of internal documents that would allow an assessment of potential conflicts of interest and abuse in the management of GBTC. Bloomberg reports.

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ForkLog 10 25.11.2022

Independent researcher confirms Grayscale holds 633,000 BTC

As of November 23, the Grayscale Investments-managed Bitcoin Trust (GBTC) held about 633,000 BTC across Coinbase Custody wallets. The conclusion was drawn by Ergo, an analyst at The OXT Research.

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ForkLog 8 26.09.2022

Grayscale’s GBTC discount to NAV hits a record 35%

On September 23, the GBTC discount to NAV reached 35.18% according to data from yCharts.

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ForkLog 26 22.06.2022

Grayscale’s GBTC discount surges past 34%

On June 16, Grayscale Investments' Bitcoin Trust (GBTC) traded at a discount to NAV of over 34%. Arcane Research attributed the dynamics to problems at Three Arrows Capital (3AC).

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ForkLog 8 26.01.2022

Kingfisher Capital increases stake in Grayscale Bitcoin Trust

The U.S.-based wealth-management firm Kingfisher Capital acquired 93,463 shares of the Grayscale Bitcoin Trust (GBTC) from Grayscale Investments during the fourth quarter. BTC institutional watch: In an SEC filing today, Kingfisher Capital, a Charlotte, North Carolina investment management firm, reported owning 114,350 shares of Grayscale Bitcoin as of Dec 31. Previously, it reported 20,887 …

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ForkLog 5 29.12.2021

Morgan Stanley raises stake in Grayscale Bitcoin Trust

One of the leading US investment banks, Morgan Stanley, increased the GBTC stake in the Morgan Stanley Europe Opportunity Fund to 1% of its assets under management in the third quarter.

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ForkLog 17 01.12.2021

Grayscale suggests the SEC may have violated the law in approving a futures-based bitcoin ETF

The willingness of the SEC to approve a futures-based bitcoin ETF with denials of applications based on its spot variant may violate the Administrative Procedure Act (APA). The conclusion is contained in a letter sent to the agency by Grayscale Investments.

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ForkLog 15 25.11.2021

Morgan Stanley boosts holdings in Grayscale Bitcoin Trust

One of the largest US banks, Morgan Stanley, during July–September continued to build its position in the Grayscale Bitcoin Trust (GBTC) through various funds available to its clients.

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ForkLog 6 26.10.2021

Arcane Research analysts see slim odds for spot Bitcoin ETF launch

The market does not expect SEC approval of a spot ETF based on the first cryptocurrency. According to Arcane Research analysts, this follows from the GBTC discount to its NAV.

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ForkLog 15 10.09.2021

Forbes: SEC registers Grayscale’s BCHG, ETCG and LTCN trusts

Grayscale Bitcoin Cash Trust (BCHG), Grayscale Ethereum Classic Trust (ETCG) and Grayscale Litecoin Trust (LTCN) have obtained the status of SEC-regulated trusts by the US Securities and Exchange Commission (SEC). Forbes reports.

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ForkLog 13 06.09.2021

Bill Miller’s fund flags potential for Bitcoin to become digital gold

Society is at an early stage of Bitcoin adoption, with its capitalization set to match gold's overall market value, according to the Miller Opportunity Trust report to the SEC.

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