Grayscale launches investments trusts for Stacks and Near Protocol
Grayscale announced trusts for Near Protocol and Stacks. Crypto market is upbeat ahead of a potentially huge announcement from the SEC on spot Ethereum ETF. Grayscale Investments has announced two…
Grayscale CEO Michael Sonnenshein steps down
Michael Sonnenshein has stepped down as CEO of Grayscale. Grayscale announced that Peter Mintzberg is the new CEO, effective August 15, 2024. Sonnenshein joined Grayscale in 2014 and was CEO…
Grayscale drops Cardano (ADA) from its digital large cap fund
Grayscale has removed Cardano (ADA) from its Digital Large Cap Fund following a quarterly rebalancing. The asset manager also removed Cosmos (ATOM) from its smart contracts fund. Crypto asset manager…
Patient Capital Management ditches Grayscale Bitcoin Trust for Bitcoin ETPs
Patient Capital Management shifts from Grayscale to Bitcoin ETPs diversify investment portfolio. An updated SEC filing shows that the firm has replaced Grayscale Bitcoin Trust with Bitcoin ETPs. The firm…
FTX’s Alameda Research drops lawsuit against Grayscale
Alameda Research, an affiliate of bankrupt crypto exchange FTX has dropped its case against Grayscale. The lawsuit’s dismissal comes as Grayscale’s GBTC sees huge outflows following SEC’s spot Bitcoin ETF…
SEI, SUI, RUNE slump as Bitcoin drops amid Grayscale dump
Sei (SEI) Sui (SUI) and THORChain (RUNE) were among biggest decliners on Thursday as Bitcoin and Ethereum struggled. Declines for BTC came amid ongoing sell-off from Grayscale, which had deposited…
Grayscale applies for a covered call Bitcoin ETF
Grayscale Investments files for covered call Bitcoin ETF post-SEC’s GBTC approval. Covered call strategy leverages options on Grayscale Bitcoin Trust, targeting income. Grayscale’s legal triumph shapes the evolving regulatory landscape…
FTX seeking approval to sell funds from Grayscale and Bitwise
FTX seeks to sell $744 million in Grayscale and Bitwise assets amid its bankruptcy proceedings. The asset sale aims to prepare for creditor payouts and minimize price volatility risks. FTX…
Grayscale to convert its Ethereum Trust to a spot ETH ETF: Will that boost institutional interest in altcoins
Key takeaways Grayscale has filed to convert its Ethereum Trust to a spot ETH exchange-traded fund (ETF). Shiba Memu’s presale has now officially surpassed the $3.5 million mark. The cryptocurrency…
Grayscale files to convert its Ethereum Trust into a spot Ethereum ETF
Grayscale is seeking for SEC’s approval to convert its Ethereum Trust to an Ethereum ETF. Grayscale’s Ethereum Trust manages nearly $5 billion in Ethereum assets. Transition to spot ETF offers…