Grayscale Bitcoin Trust


Finance

Grayscale, Firm Behind Leading Bitcoin Trust, Is Hiring ETF Specialists

Nine new job postings indicate Grayscale is considering joining the race to win the SEC’s first bitcoin ETF approval.

Grayscale Investments CEO Michael Sonnenshein

Markets

Grayscale Bitcoin Premium Flips Negative as BTC Stays Below $50,000

The gap between the GBTC share price and the implied price of the underlying bitcoin has collapsed to a 4% discount from a 35% premium late last year.

Grayscale Bitcoin Trust (GBTC) Premium since 2018.

Markets

Digital Assets Under Management in ETPs Rose 50% to $43.9B in February: Report

Even with the increase in AUM, average ETP volumes in February dropped 37.8% to $936 million.

Wall st bull

Markets

ARK Invest Boosted Its GBTC Holdings by 2.14M Shares in Q4

Cathie Wood's asset manager significantly boosted its stake in the Grayscale Bitcoin Investment Trust.

Cathie Wood, CEO of Ark Investment Management

Markets

BlockFi Boosted Grayscale Bitcoin Trust Holdings by 11.9M Shares, Now Holds $1.7B GBTC

The disclosure comes as BlockFi prepares to launch a competitor bitcoin trust product.

BlockFi CEO Zac Prince

Finance

What Is Guggenheim Partners?

Guggenheim Partners is part of the next wave of institutional investment firms looking to step into bitcoin.

Scott Minerd, chief investment officer of Guggenheim Partners.

Markets

Rothschild Investment Adds to Grayscale Bitcoin Holdings

The manager of $1.4 billion first bought bitcoin trust shares in 2017.

Rothschild Investment Corp. headquarters in Chicago, Ill.

Markets

Bitcoin Sells Off on Bearish Sentiment, Yellen Worries

The sell-off also led to major corrections for other cryptocurrencies including ether, stellar, xrp and chainlink.

CoinDesk's BPI.

Markets

Bitcoin's Price Must Pass $40K to Halt Exodus of Traders: JPMorgan Analysts

A bearish outlook may be triggered if bitcoin doesn't claw its way back over $40,000, the analysts said.

JPM, JPMorgan

Markets

Grayscale Raises $700M+ in a Day, Its Largest Daily Asset Raise Ever

In Q4 2020, the company raised $3.3 billion across its cryptocurrency investment vehicles.

Grayscale CEO Michael Sonnenshein speaks at Consensus: Invest 2018. (CoinDesk archives)