GBTC


Markets

Grayscale's ETF Push Highlights Existential Threat to GBTC Dominance

Grayscale's competitive moat is shrinking as rival offerings attract investor money, amid speculation the SEC might be moving to approve a bitcoin ETF.

Grayscale Investments CEO Michael Sonnenshein

Markets

Grayscale Halts New Investments in GBTC

Earlier today, the investment manager’s parent company, Digital Currency Group, said it authorized the purchase of GBTC shares.

sonnenshein, grayscale

Markets

BlockFi's Bitcoin Trust Takes Aim at GBTC

The fund charges a 1.75% management fee and offers custody from Fidelity Digital Asset Services.

BlockFi CEO Zac Prince

Markets

Bill Miller's Flagship Fund May Now Buy GBTC to Gain Bitcoin Exposure of Up to 15%

The fund noted it would not expose more than 15% of its $2.25 billion in assets to bitcoin.

Bill Miller

Markets

Long-Desired Bitcoin ETF Could Actually Hurt Price in Short Term: JPMorgan

An ETF could draw institutional money from the Grayscale Bitcoin Trust, a support for the price of the cryptocurrency, the report said.

jpmorgan

Markets

Guggenheim Fund Files to Be Able to Invest Up to Almost $500M in Bitcoin Through GBTC

The Guggenheim Macro Opportunities Fund will now be able to invest up to 10% of its net asset value in the Grayscale Bitcoin Trust.

money