Grayscale


Mercados

‘Grayscale Discount’ Widens to Record 43% as FTX Contagion Spreads

The added pressure comes after Genesis Global Capital – a corporate sibling to bitcoin trust manager Grayscale Investments – halted customer withdrawals from its lending unit this week.

GBTC has reached a record discount of 43% relative to the price of bitcoin. (Ycharts)

Finanzas

Grayscale Declares 'Business as Usual' Despite Sister Company Genesis Global Capital Suspending Withdrawals

Grayscale said that "Genesis Global Capital is not a counterparty or service provider for any Grayscale product."

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

Mercados

Grayscale's Bitcoin Trust Shares Hit Record Discount of 36.7%

Bitcoin is down nearly 10% to $16,622 as FTX’s liquidity crisis continues to rattle the markets.

Gráfico de índices del mercado de acciones subiendo y bajando. (Megamodifier/Pixabay)

Vídeos

Galaxy Digital to Cut 20% of its Workforce; Core Scientific Reportedly in Talks With Lawyers

Michael Novogratz-led crypto-focused financial services firm Galaxy Digital plans to cut at least 20% of its global workforce. Convertible bond holders of BTC miner Core Scientific are in talks with restructuring attorneys at Paul Hastings. South Africa's leading supermarket chain Pick n Pay is now allowing BTC payments via Lightning Network-enabled apps. A poll from Grayscale reveals fears over inflation have translated to a growing interest in crypto for a quarter of voters surveyed.

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Finanzas

Effort to Reverse SEC Rejection of Bitcoin ETF Wins Broad Crypto, TradFi Support

Regulators rebuffed Grayscale's attempt to convert its bitcoin trust into an ETF. Grayscale has powerful allies as it seeks to overturn that decision.

Grayscale CEO Michael Sonnenshein (CoinDesk archives)

Vídeos

WisdomTree Exec 'Not Surprised' by SEC's Spot Bitcoin ETF Rejection

The U.S. Securities and Exchange Commission (SEC) rejected WisdomTree's application for a spot bitcoin ETF this week. WisdomTree Head of Digital Assets Will Peck discusses why he's "not surprised" by the SEC's decision and the outlook for ETFs. Plus, his take on Grayscale calling its spot bitcoin ETF rejection "arbitrary, capricious and discriminatory."

Recent Videos

Regulación

In SEC Lawsuit, Grayscale Calls Spot ETF Rejection ‘Arbitrary, Capricious and Discriminatory’

The legal brief filed Tuesday argues the SEC’s logic for denying Grayscale’s application to convert the Grayscale Bitcoin Trust to a spot bitcoin ETF is “flawed” and “inconsistently applied.”

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

Finanzas

Grayscale’s New Venture Aims to Capture Bear Market Opportunities in Bitcoin Mining

Digital asset mining and staking infrastructure firm Foundry,will manage the day-to-day operations of Grayscale’s new co-investment vehicle

Grayscale CEO Michael Sonnenshein (CoinDesk archives)

Mercados

Shares in Grayscale's Bitcoin Trust Trade at 36% Discount to Fund's NAV

The shares first slipped into the discount category in February 2021 primarily due to alternatives like ETFs becoming available in Canada and Europe.

The GBTC discount widens to a new record high. (m./Unsplash)

Finanzas

Grayscale Takes Over Key Role for Bitcoin Trust, Other Products From Genesis

Grayscale Securities, a new broker-deal division, will handle selling shares of the company’s crypto trust products, taking over a function previously provided by fellow Digital Currency Group subsidiary Genesis Global Trading.

Grayscale CEO Michael Sonnenshein (CoinDesk archives)