Grayscale Bitcoin Trust aims for ETF shift to narrow discount

cointelegraph.com Grayscale, a significant player in digital asset management, has expressed enthusiasm about the potential transformation of its Grayscale Bitcoin Trust (GBTC) into a Bitcoin…

Bitcoin Spot ETFs: Why Do They Matter?

thedefiant.io The approval window for spot Bitcoin ETFs is now open. Over its 15-year history, Bitcoin has transitioned from a niche form of digital settlement into a $700B asset tracked…

BlackRock Submits Filing to List Spot Ether ETF

thedefiant.io The iShares Ethereum Trust, designed to reflect the performance of the price of Ether, could unlock billions from institutional investors. BlackRock, the world's largest…

Grayscale Solana Trust Shares Surge To Insane 784% Premium

thedefiant.io GSOL shares are trading at a record premium over the price of Solana Shares in Grayscale’s Solana Trust have more than doubled in the past week, surging to nine times the…

"I Don't See a Reason for the SEC to Deny the ETH ETF," said Bloomberg Analyst Eric Balchunas

thedefiant.io There are already Ether futures ETFs trading, so which was the same reason courts ruled for the SEC to scrap its rejection of the Bitcoin spot ETF, the ETF analyst said.…

Crypto Markets Rally On Renewed Spot Bitcoin ETF Hype

thedefiant.io Bloomberg analysts tip that spot Bitcoin approvals could occur by Nov. 18 The crypto markets rallying amid renewed expectations that a spot Bitcoin ETF approval may be just…

SEC Grapples With Judicial Criticism in Ripple Case: Inconsistencies Exposed

beincrypto.com Ripple’s Chief Legal Officer, Stuart Alderoty, has highlighted concerning trends in the US Securities and Exchange Commission’s (SEC) approach toward defending actions taken…

Bitcoin Price Surges Near $40K With Fed, ETF And These Factors At Play

investors.com Bitcoin continues to surge toward the $40,000 level that it hasn't seen since the May 2022 blowup of supposed "stablecoin" TerraUSD. A number of factors are propelling the…

Bitcoin ETF race has a new player, Binance ends support for BUSD, and more: Hodler’s Digest: Nov. 26

cointelegraph.com Asset manager Pando Asset has become an unexpected late entrant into the spot Bitcoin ETF race in the United States. On Nov. 29, Pando submitted a Form S-1 — used to…

Crypto hiring: Grayscale brings on new managing director ahead of ETF decision

blockworks.co Crypto asset manager Grayscale hired John Hoffman to be its managing director and head of distribution and partnerships. Hoffman spent the past several years at Invesco,…

Why Renowned Analyst Claims Bitcoin Price Will Hit $45,000

beincrypto.com Bitcoin has broken out, reaching a yearly high of about $39,900. This surge has prompted market observers to suggest it might surpass the $40,000 mark very soon. The recent…

Grayscale Trust Becomes ‘Betting Line’ for Spot Bitcoin ETF

finance.yahoo.com Traders betting that regulators will approve a US spot Bitcoin exchange-traded fund sooner rather than later have all but evaporated a once-gargantuan discount on the…

Grayscale Explains How Bitcoin Price Could Be Bolstered By Supply Dynamics In 2024

bitcoinist.com Bitcoin and its price prospects in 2024 have been one of the primary subjects of discussion in the cryptocurrency space over the past few months. Grayscale is among the…

77.77 Billion SHIB Transferred by FTX Exchange, Here’s SHIB Price Reaction

u.today The bankrupt FTX exchange continues to move the remains of its assets to convert them into fiat and repay the debt to its creditors. This time, it shoveled nearly 80 billion…

Deaton Reacts as Court Threatens to Sanction SEC For Lying

thecryptobasic.com Popular legal expert John Deaton sheds light on how courts have continued to call out the Securities and Exchange Commission for lying. XRP holders’ attorney John Deaton has…

Federal Judge Threatens To Sanction the SEC in Crypto Case, Ripple CLO Reacts

timestabloid.com Stuart Alderoty, chief legal officer (CLO) at Ripple, has recently reacted to the news of a federal judge who threatened to sanction the United States Securities and…

Ripple’s CLO Says SEC Is Anything But Infallible

news.bitcoin.com Ripple’s chief legal officer says the U.S. Securities and Exchange Commission (SEC) is “anything but infallible,” emphasizing that the regulator is “bloated, broken, and…

SEC met with Grayscale and seven other spot Bitcoin ETF applicants in late November

cryptoslate.com The U.S. Securities and Exchange Commission has recently disclosed meetings with several asset managers regarding their proposed spot Bitcoin ETFs. On Nov. 29, the SEC said…

Bitcoin Ownership More Diverse Than Expected, Reveals Grayscale Report

cryptopotato.com A recent report from Grayscale Investments revealed an unexpected diversity in Bitcoin (BTC) ownership, with 74% of addresses holding less than 0.01 bitcoin, equivalent to…

Is Bitcoin Poised for Another Bull Run? Experts Weigh In

decrypt.co Bitcoin today hit $39,000 per coin for the first time since a brutal digital asset crash in May 2022 that brought with it a long and painful bear market. The virtual coin…

Grayscale: Bitcoin ETF Approval Is a 'Matter of When, Not If'

decrypt.co Digital asset manager Grayscale continues to say it's just a matter of time before a Bitcoin ETF is finally approved. That includes the possibility that the digital asset…

Grayscale sees positive catalysts on the horizon for bitcoin

blockworks.co A light at the end of the tunnel? Grayscale said Friday that there’s a number of positive catalysts for bitcoin on the horizon from potential spot bitcoin ETF approvals, the…

Bitcoin ETF Approval Window Opens Soon

decrypt.co As Bitcoin ETF decision deadlines loom, there's growing interest in figuring out when, exactly, the U.S. Securities and Exchange Commission will make its announcement.…

Grayscale Setting Up for Bitcoin ETF Race by Hiring Industry Veteran from Invesco

coindesk.com Crypto asset manager Grayscale has hired former Invesco Head of Americas John Hoffman to lead its distribution and partnerships team, six weeks before a decision is set to…

Navigating Towards a Historic Market Breakout?

cryptodaily.co.uk There's some buzz in the crypto scene that's causing quite a stir. First off, Bitcoin's price has soared to $38,800, a peak it hasn't reached since May 2022. This boom isn't…

Bitcoin ETF Approval Date Hinted By Expert: SEC Decision Expected January 5th

newsbtc.com Anticipation is building as major asset managers’ predicted approval date for Bitcoin ETF applications approaches 2024. Experts have now issued bold predictions, with…

Bitcoin Taps $39K, MicroStrategy Buys $600M Worth of BTC, Market Remains Calm: This Week’s Crypto Recap

cryptopotato.com The cryptocurrency market increased throughout the past seven days, tapping over $1.5 trillion in terms of total capitalization. A lot of the gains are coming on the back of…

Matrixport Report: Bitcoin Price to Hit $125,000 by End of 2024

coinspeaker.com Coinspeaker Matrixport Report: Bitcoin Price to Hit $125,000 by End of 2024 Matrixport’s latest report predicts that the price of Bitcoin (BTC) will hit $125,000 by the end…

Barry Silbert’s Grayscale wants GBTC to commingle bitcoin ‘from time to time’

protos.com Barry Silbert successor at Grayscale, Michael Sonnenshein, wants the ability as CEO to commingle the bitcoin backing its $23 billion bitcoin trust, GBTC, in shared, omnibus…

Crucial Bitcoin ETF Decision Looms as SEC Engages Asset Managers

financemagnates.com The US Securities and Exchange Commission (SEC) is actively engaging with asset managers in anticipation of a crucial decision on the approval of a bitcoin exchange-traded…

Grayscale Report Sheds Light on Bitcoin’s Broad Ownership and ‘Sticky Supply’ Dynamics

news.bitcoin.com A new report from Grayscale Investments reveals that bitcoin ownership is more widely distributed than commonly believed, with 74% of addresses holding less than $350 worth.…

Grayscale Advances Spot Bitcoin ETF Plans, Continues Talks With SEC

beincrypto.com There has been a flurry of activity from industry analysts following the spot Bitcoin exchange-traded fund (ETF) race. New time frames have been predicted alongside Bitcoin…

November’s CryptoSlate Alpha snapshot: Navigating crypto’s regulatory maze and economic uncertainties

cryptoslate.com Welcome to the CryptoSlate Alpha November Snapshot, a collection of the month’s most pivotal research, insights, and market reports. This content, central to understanding…

Bankruptcy Court Declares FTX Debtors Can Begin To Sell $744,000,000 Worth of Grayscale and Bitwise Shares

dailyhodl.com A bankruptcy court is ruling that debtors of bankrupt crypto exchange FTX can begin selling hundreds of millions of dollars worth of Grayscale and Bitwise shares. In a new…

SEC meets with Hashdex to discuss its Bitcoin ETF proposal

cryptoslate.com The U.S. Securities and Exchange Commission (SEC) met with Bitcoin ETF applicant Hashdex this week, according to a Nov. 29 memo from the agency. The discussion, which took…

First U.S. Bitcoin ETF Reaches Record AUM, Tops $1.47 Billion

cryptopotato.com The ProShares Bitcoin Strategy ETF (BITO) – the first bitcoin (BTC) ETF to launch in the United States – has topped a new record for assets under management (AUM) this week,…

SEC opens comment period for Fidelity’s proposed Ethereum ETF

cryptoslate.com The U.S. Securities and Exchange Commission (SEC) began to accept comments on Fidelity’s proposed spot Ethereum ETF through a Nov. 30 filing. That filing indicates that the…

Bitcoin Spot ETF In January 2024: A New Player Just Joined The Game

newsbtc.com In the ongoing Spot Bitcoin ETF mania, Pando has joined the race aiming to seize the opportunities that may arise following the potential approval of BTC Spot ETFs by the US…

Ark Invest, 21Shares could jump to bitcoin ETF assets lead: Analysts

blockworks.co If US regulators approve spot bitcoin ETFs, Ark Invest and 21Shares are well-positioned to rapidly accumulate assets, according to Bloomberg Intelligence analysts. The…

FTX Gets OK to Sell $744 Million in Grayscale Stakes

pymnts.com FTX has gotten the go-ahead to sell stakes in digital trusts managed by Grayscale. According to recent court filings, a bankruptcy judge has given the cryptocurrency firm…

Court Approves FTX Estate’s Sale of $870M in Grayscale and Bitwise Shares Amid Surging Claim Transfers

news.bitcoin.com The Delaware District’s U.S. Bankruptcy Court has greenlit the FTX estate’s disposal of trust assets. This sanction, issued on November 29, 2023, paves the way for the…

Bitcoin Investors Unite! Grab Some Digital Gold and Just HODL

investorplace.com Ironically enough, Bitcoin's crypto winter could finally be over this winter Should every portfolio have some Bitcoin (BTC-USD) in it? This may be impossible for specific…

FTX Cleared to Sell $873 Million in Grayscale Bitcoin Trust Shares and Other Holdings

decrypt.co As the FTX bankruptcy saga continues, advisors for the collapsed crypto exchange have received court approval to sell assets held in digital trusts from Grayscale and…

Coinbase CEO Is ‘Pretty Optimistic’ on Bitcoin ETF Approval

decrypt.co A spot Bitcoin ETF has become something of a holy grail for the crypto industry—despite repeated pushback by the SEC—but Coinbase CEO Brian Armstrong is “pretty optimistic”…

FTX is set to begin selling $744 million of assets to pay back creditors of the failed crypto exchange

aol.com None Failed crypto exchange FTX won approval in court to start selling $744 million in assets, per Bloomberg. • None It will sell stakes in digital trusts managed by…

FTX Given Green Light to Sell $873M in Assets Managed by Grayscale, Bitwise

financemagnates.com A recent court ruling has granted FTX permission to sell approximately $873 million worth of assets held in trust. Around $700 million of these assets are from Grayscale's…

SEC Set For Mass Bitcoin ETF Approval on Jan 10: Analysts

bitcoinnews.com The United States Securities and Exchange Commission (SEC) has seemingly sped up the timeline for Spot Bitcoin Exchange-Traded Fund (ETF) applications. The agency is now…

Grayscale Revamps GBTC Agreement in Preparation for Bitcoin ETF Conversion

cryptopotato.com Grayscale, the company behind the Grayscale Bitcoin Trust (GBTC), has updated its trust agreement. These modifications, the first since 2018, are intended to enhance GBTC’s…

First Mover Americas: Demand for Bitcoin Futures ETF BITO Ramps Up

coindesk.com This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every…

FTX Debt Recovery: Court Approves Sale of Grayscale Assets Worth $873M Now

coinspeaker.com Coinspeaker FTX Debt Recovery: Court Approves Sale of Grayscale Assets Worth $873M Now A Delaware bankruptcy court has granted FTX’s administrators permission to sell the…

Bankruptcy court says FTX debtors can start selling assets including Grayscale units

theblock.co A Delaware bankruptcy court said Wednesday that FTX Trading and affiliated debtors can start selling trust assets that include interests in Grayscale and Bitwise funds worth…

Grayscale Initiates Significant Amendments To GBTC Trust Agreement

bitcoinist.com The world’s largest crypto asset management company, Grayscale, has recently made a few significant adjustments to its Grayscale Bitcoin Trust (GBTC) agreement for the first…

FTX Gets Court Authorization to Liquidate $744 Million in Grayscale Assets

thecryptobasic.com The embattled crypto trading platform FTX has secured bankruptcy court authorization to initiate the sale of its stakes in digital trusts under the management of the…

Grayscale updates its Bitcoin ETF application following SEC talks

coinjournal.net Grayscale submits an updated filing for its Bitcoin ETF days after engaging in talks with the SEC. Amendments include a shift in the fee structure from monthly to daily…

Grayscale to Make Changes to Accomodate Bitcoin ETF Approval

coinspeaker.com Coinspeaker Grayscale to Make Changes to Accomodate Bitcoin ETF Approval Manager of the Grayscale Bitcoin Trust (GBTC), Grayscale is currently updating its trust agreement…

FTX Scores Approval: Cleared To Sell $873 Million In Assets To Settle Debts

bitcoinist.com The sale of around $873 million in trust assets by the insolvent cryptocurrency exchange FTX can now begin, and the money will go toward paying back creditors who were…

FTX Gains Court Approval to Sell Grayscale Trust Assets Nearly $800 Million

cryptopotato.com Bankrupt crypto exchange FTX has secured approval from the US bankruptcy court for the sale of crypto trust assets managed by Grayscale as part of efforts to make repayments…

Grayscale Updates GBTC Agreement in Preparation for Spot-BTC ETF Conversion

beincrypto.com The world’s largest crypto asset management company, Grayscale, is preparing for the conversion of its GBTC fund to a spot Bitcoin exchange-traded fund (ETF). It has amended…