GBTC


Policy

SEC Must Review Grayscale's Bitcoin ETF Bid After Previous Rejection, Appeals Court Rules

A federal appeals court ordered the SEC to "vacate" its rejection of the trust issuer's bid to convert the Grayscale Bitcoin Trust into an exchange-traded fund.

Photo of the SEC logo on a building wall

Finance

Grayscale Urges Equal Treatment for All Spot Bitcoin ETF's in Letter to SEC

If the SEC decides to change course and approve one or more of the above stated spot bitcoin ETF applications, “it must do so in a fair and orderly manner,” the statement said.

(Grayscale Investments Chief Legal Officer Craig Salm/CoinDesk TV)

Markets

The GBTC Discount Is Narrowing; Here's Why It Matters

The possibility the SEC will approve the conversion of GBTC into an ETF is playing a role, according to analysts.

GBTC discount to NAV (Ycharts)

Markets

Grayscale Bitcoin Trust Discount Narrows to Lowest Since May 2022

Buying for the trust has picked up on hopes the SEC might soon approve a spot bitcoin ETF.

GBTC's discount to NAV (Ycharts)

Markets

GBTC Volume Increases 79% in June Amid TradFi ETF Applications

The trust’s trading volume increased to $45 million in June.

Grayscale CEO Michael Sonnenshein (CoinDesk)

Markets

Grayscale Bitcoin Trust Shares Rally to a One-Year High, Discount Dips to 30%

Investors are betting that recent filings for spot BTC ETF improve the chances for Grayscale to convert its trust into an ETF and close the price gap, one observer said.

Michael Sonnenshein, CEO, Grayscale Investments and Laura Shin, Podcast host and author, Unchained (Shutterstock/CoinDesk)

Markets

GBTC Share Price Soars, Discount Narrows to Multi-Month Low on BlackRock ETF Filing Optimism

Investors turned optimistic about Grayscale allowing redemptions in the future after BlackRock’s filing for spot bitcoin ETF last week, one analyst said.

Grayscale ad (Nikhilesh De/CoinDesk)

Finance

BlackRock’s Spot Bitcoin ETF Not The Same As Grayscale’s Product, Experts Say

While both are technically trusts, there’s one key distinction which makes Blackrock’s proposed investment vehicle an exchange traded fund (ETF).

BitcoinETF: What Comes Next?

Markets

GBTC Discount Narrows After BlackRock’s Filing for Spot Bitcoin ETF

Fund manager Grayscale is currently in a legal standoff with the SEC after the agency denied an application to convert the Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund.

Grayscale ad (Nikhilesh De/CoinDesk)

Finance

Grayscale CEO Expects Decision on Attempt to Overturn SEC's ETF Rejection by End of 3Q

Michael Sonnenshein still sees crypto industry in its "early days."

Grayscale's Michael Sonnenshein (left) (Shutterstock/CoinDesk)