Grayscale


Markets

Bitcoin Tops $28K on Grayscale Ruling, While Crypto-Related Stocks Soar More Than 10%

A U.S. court ordered the SEC to "vacate" its rejection of Grayscale's bid to convert its Bitcoin Trust into an ETF.

Bitcoin surges after Grayscale court ruling (CoinDesk)

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

Videos

Bitcoin Price Briefly Drops Below $26K as Crypto Traders Suffer $1B in Liquidations

Bitcoin (BTC) is trading near $26,000, as the largest cryptocurrency by market cap is on track for its worst weekly decline since the collapse of FTX. "The Hash" panel discusses the state of crypto amid bitcoin's latest sell-off along with current sentiment across the industry. Plus, insights on the absence of a court decision between the SEC and Grayscale. CoinDesk and Grayscale are both owned by Digital Currency Group (DCG).

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Markets

Bitcoin ETF Approval Odds Just Got Better: Bloomberg Analysts

They now see a 65% chance a U.S. spot bitcoin ETF will launch this year, up from 50% previously.

Graph superimposed over a markets monitor

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)

Videos

Bitcoin Could Reach $50K by Year End: ProChain Capital President

Bitcoin (BTC) is hovering around the $30,000 level and ProChain Capital president David Tawil predicts that the largest cryptocurrency by market capitalization could reach $50,000 by the end of the year. Plus, why Tawil thinks renewed interest in a spot Bitcoin ETF is benefiting Grayscale Bitcoin Trust and Coinbase. CoinDesk and Grayscale are both owned Digital Currency Group (DCG).

Recent Videos

Videos

Grayscale Bitcoin Trust Discount Narrows In Wake of Spot Bitcoin ETF Race in U.S.

GSR Markets co-founder and President Rich Rosenblum discusses his crypto markets analysis and outlook as bitcoin (BTC) remains steady over $30,000. Plus, Rosenblum addresses the discount to net asset value for the Grayscale Bitcoin Trust narrowing in the wake of asset manager BlackRock’s application to open a spot bitcoin ETF in the United States. Grayscale and CoinDesk are both owned by DCG.

Recent Videos

Videos

Sen. Tuberville Calls on DOJ, SEC to Investigate Prometheum; Could Bitcoin Reach $120K by 2024?

“CoinDesk Daily” host Jennifer Sanasie discusses the hottest stories in crypto, including why one bank predicts bitcoin (BTC) could rise to $120,000 by the end of 2024. Sen. Thomas Tuberville is asking the SEC and DOJ to look into crypto broker Prometheum. Lawyers for Grayscale are criticizing regulators for approving a leveraged bitcoin-based exchange traded fund. And, a closer look at Starbucks' latest NFT collaboration.

Recent Videos

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)

Policy

Grayscale Argues Leveraged Bitcoin Futures ETF Approval Shows Spot ETF Should Be Approved

The crypto asset manager is suing the SEC for rejecting its bitcoin ETF application last year.

U.S. District Court for the District of Columbia (Jesse Hamilton/CoinDesk)