Grayscale Investments | ForkLog

ForkLog 7 03.01.2023

Grayscale’s GBTC discount exceeds 45%

The GBTC discount to NAV reached a record 45.17%.

AI translated

ForkLog 10 19.12.2022

Grayscale to buy back 20% of GBTC on the open market if SEC rejects conversion to ETF

Grayscale Investments, the digital assets manager, will buy back a fifth of outstanding GBTC shares if the SEC refuses to convert it into an ETF. The Wall Street Journal reports, citing investor materials.

AI translated

ForkLog 8 11.12.2022

SEC deems Grayscale GBTC conversion denial to a spot Bitcoin ETF ‘well-founded’

The US Securities and Exchange Commission (SEC) has issued the first response in Grayscale Investments' suit over the rejection of the conversion of the GBTC trust into a spot bitcoin ETF. The regulator described the decision as 'well-founded and reasonably explained'. 'Earlier, the Commission approved ETFs based on CME futures contracts registered with the CFTC; accordingly, the underlying assets of these funds are subject to strict oversight. The spot bitcoin market, by contrast, is fragmented and unregulated. The applicant did not present compelling arguments in favor of the thesis that CME's oversight of futures trading would be sufficient to detect and deter fraud and manipulation in the spot market.'

AI translated

ForkLog 63 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.

AI translated

ForkLog 41 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.

AI translated

ForkLog 11 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.

AI translated

ForkLog 15 21.11.2022

Rumours of DCG troubles surface as FTX collapse unfolds

The Grayscale Investments' refusal to disclose reserves and the suspension by Genesis Trading's OTC platform of crypto-lending operations raised concerns about the resilience of the entire Digital Currency Group (DCG).

AI translated

ForkLog 6 18.11.2022

Grayscale’s GBTC discount hits a record 42%

On November 17, the discount of Grayscale Investments' Bitcoin Trust (GBTC) to NAV reached 42.69%. Data from yCharts show this.

AI translated

ForkLog 10 19.10.2022

Blockchain Association backs Grayscale in suit against the SEC

The nonprofit Blockchain Association filed a court brief regarding the Grayscale Investments case against the U.S. Securities and Exchange Commission (SEC).

AI translated

ForkLog 7 12.10.2022

Grayscale labels SEC stance on spot Bitcoin ETFs as ‘discriminatory’.

The asset-management firm Grayscale Investments has filed an opening brief with the U.S. Court of Appeals for the D.C. Circuit in a suit against the U.S. Securities and Exchange Commission (SEC).

AI translated

ForkLog 18 06.10.2022

Grayscale creates vehicle for bitcoin-mining investments

The digital asset manager Grayscale Investments has launched a product for joint investments in bitcoin mining equipment amid the crypto winter.

AI translated

ForkLog 9 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.

AI translated

#Grayscale Investments