Grayscale Bitcoin Trust


Policy

Grayscale Chief Legal Officer: A Spot Bitcoin ETF Will Protect U.S. Investors, Consumers

Craig Salm discusses what happens next after a court acts on its lawsuit against the SEC, and whether this regulator should even be involved with bitcoin products.

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

Videos

Grayscale Chief Legal Officer on Possible Outcomes of Bitcoin ETF Dispute

The Grayscale Bitcoin Trust (GBTC) discount to net asset value (NAV) has narrowed to below 35%, its lowest point since Nov. 7, according to data from TradingView, following what seemed a favorable court hearing on Tuesday for the company. Grayscale Investment Chief Legal Officer Craig Salm reacts and discusses the possible outcomes of the case. CoinDesk and Grayscale are both owned by Digital Currency Group.

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Markets

GBTC Discount Narrows to Lowest Level Since November Following Court Hearing

The three-judge panel appeared skeptical of the SEC’s reasoning for denying conversion of the trust to an ETF.

Grayscale ad (Nikhilesh De/CoinDesk)

Opinion

A Dozen Reasons Why the SEC Should Have Approved Grayscale's Spot Bitcoin ETF

Gary Gensler has rejected every bitcoin exchange-traded fund application in the name of consumer protection. So why doesn't he listen to what consumers have to say?

Grayscale's Michael Sonnenshein speaks at Invest: NYC 2019 (CoinDesk)

Videos

Grayscale Bitcoin Trust at Issue in Court

The Grayscale Bitcoin Trust discount to net asset value has fallen to its lowest level in a month, ahead of oral arguments in federal court related to Grayscale's lawsuit against the U.S. Securities and Exchange Commission. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what to expect. Grayscale and CoinDesk are both owned by Digital Currency Group (DCG).

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Markets

First Mover Americas: Grayscale Bitcoin Trust at Issue in Court

The latest price moves in crypto markets in context for March 7, 2023.

FTX court filings show millions in lawyers' fees. (slobo/Getty Images)

Videos

GBTC Discount Narrows; Alameda Sues Grayscale and DCG To Allow Redemptions

The Grayscale Bitcoin Trust (GBTC) discount to net asset value has fallen to its lowest level in a month, ahead of oral arguments in federal court on Tuesday related to Grayscale's SEC lawsuit. Meanwhile, FTX sister company Alameda Research has filed a lawsuit against Grayscale Investments seeking injunctive relief to realize over $250 million in asset value for the FTX Debtor’s customers and creditors. DCG is the parent company of CoinDesk and Grayscale.

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Policy

Alameda Sues Grayscale and DCG to Allow Redemptions, Reduce Fees

The bankrupt trading firm is seeking injunctive relief to allow FTX debtors to realize what it claims is more than $250 million in asset value.

Grayscale CEO Michael Sonnenshein (CoinDesk)

Videos

Grayscale Exec on GBTC Outlook

Grayscale Investments Chief Legal Officer Craig Salm discusses the Grayscale Bitcoin Trust (GBTC) as its discount continues to hover in the 40% range. Plus, reactions to Valkyrie Investments' offering to manage GBTC and whether Grayscale is considering offers. "Grasycale has zero intentions of removing ourselves as sponsor," Salm said. Digital Currency Group is the parent company of Grayscale and CoinDesk.

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Videos

Grayscale Exec on Appeal of SEC's Decision on Bitcoin ETF

The District of Columbia Court of Appeals has set a date to begin hearing oral arguments in Grayscale Investment’s appeal of the SEC's decision to deny the conversion of the Grayscale Bitcoin Trust (GBTC) into an ETF. Grayscale Investments Chief Legal Officer Craig Salm discusses the case, hopes for a U.S. spot bitcoin ETF approval, and outlook for GBTC. Grayscale is owned by Digital Currency Group, which also owns CoinDesk.

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