Interest in Grayscale Crypto Products Not Easing Up, Not Just BTC Now
Grayscale’s exponential growth demonstrates institutional demand for Bitcoin and other digital assets. Go to Source Powered by WPeMatico
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Grayscale’s exponential growth demonstrates institutional demand for Bitcoin and other digital assets. Go to Source Powered by WPeMatico
This week cryptocurrency proponents discussed the firm Grayscale Investments, as the firm purchased 9,702 bitcoins (over $110 million) in the past five days. The news follows Grayscale informing the U.S. Securities and Exchange Commission (SEC) that the Bitcoin Trust (GBTC) grew over $1.6 billion in 2020. Last Friday, Grayscale Investments filed a quarterly report with … Read more
Grayscale’s Bitcoin Trust issued almost twice as many shares, but arbitrage could have played a role. Go to Source Powered by WPeMatico
Grayscale Investments released a 30-second TV spot on its nine crypto trusts on major news networks this Monday. Go to Source Powered by WPeMatico
The digital currency asset manager Grayscale told investors on Thursday that the firm has publicly filed a Registration Statement on Form 10 with the Securities and Exchange Commission (SEC) for the company’s Ethereum Trust. The recent filing is voluntary and if the SEC approves the registration, the Ethereum Trust will be the second crypto asset … Read more
Bitcoin futures open interest is currently at an all-time high as traders expect more upside for BTC’s spot price. Go to Source Powered by WPeMatico
Grayscale’s Bitcoin Trust currently holds $4.3B assets under management, but this growth may be due to ‘in kind’ purchases. Go to Source Powered by WPeMatico
Grayscale’s $1.4-billion inflow in the first half of 2020, along with two other key factors, shows institutional demand is surging rapidly. Go to Source Powered by WPeMatico
Financial regulators in the US approved shares of Grayscale Investments’ Bitcoin Cash and Litecoin trusts for trading on OTC Markets. Go to Source Powered by WPeMatico
Grayscale CEO Barry Silbert believes the United States is past the point where regulators have the support to ban crypto assets like Bitcoin. Go to Source Powered by WPeMatico