Grayscale’s BCH, LTC, ETC Trusts Now One Step Closer to Becoming ETFs

Grayscale's BCH, LTC, ETC Trusts Now One Step Closer to Becoming ETFsOn Friday, Grayscale Investments, the world’s largest digital currency asset manager in terms of assets under management (AUM), revealed that three trusts have been filed with the Securities and Exchange Commission (SEC) in order to become SEC reporting companies. The three trusts include individual crypto asset products such as the bitcoin cash trust, the litecoin […]

Go to Source

Powered by WPeMatico

Singapore’s Three Arrows Capital Buys 6% of Grayscale’s $3.5 Billion Bitcoin Fund

Singapore's Three Arrows Capital Buys 6% of Grayscale's $3.5 Billion Bitcoin FundThree Arrows Capital Ltd has bought a 6.26% stake of the $3.5 billion Grayscale Investment’s Bitcoin Trust. According to a filing with the U.S. Securities and Exchange Commission (SEC), the Singapore-based crypto hedge fund snapped up the equivalent of 21 million shares of the Trust’s outstanding issued capital. The shares are valued at a total […]

The post Singapore’s Three Arrows Capital Buys 6% of Grayscale’s $3.5 Billion Bitcoin Fund appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico