Search results for "grayscale"

Grayscale Has Strong Case against SEC: Chief Legal Officer
grayscale

Grayscale Has Strong Case against SEC: Chief Legal Officer

A legal official of Grayscale Investment said the company has confidence in a lawsuit against the US SEC. The company is applying to convert its Grayscale Bitcoin Trust (GBTC) product to a spot Bitcoin ETF.

US SEC Postpones Approval of Grayscale's GBTC to Spot BTC ETF Product
grayscale

US SEC Postpones Approval of Grayscale's GBTC to Spot BTC ETF Product

The United States Securities and Exchange Commission (SEC) has once again postponed the approval of the proposal from Grayscale Investments to convert its flagship Bitcoin Trust (GBTC) into a spot Non-Fungible Token (NFT) product.

Grayscale withholds on-chain reserve evidence for security reasons
grayscale

Grayscale withholds on-chain reserve evidence for security reasons

Cryptocurrency investment product provider Grayscale Investments has refused to provide on-chain proof of reserves or wallet addresses to show the underlying assets of its digital currency products. The company cited "security concerns" in a Nov. 18 Twitter thread addressing investor concerns. Pressure mounts for crypto firms to introduce proof of reserve after FTX's liquidity issues and subsequent bankruptcy.

SEC Postpones Decision on Grayscale Ethereum Trust's ETF Application
grayscale

SEC Postpones Decision on Grayscale Ethereum Trust's ETF Application

The SEC has extended its review period for Grayscale's Ethereum ETF application to January 2024, reflecting a careful evaluation approach towards cryptocurrency ETFs.

(duplicate) What is Grayscale Bitcoin Trust (GBTC)?
grayscale

(duplicate) What is Grayscale Bitcoin Trust (GBTC)?

The Grayscale Bitcoin Trust is an investment vehicle that is designed to enable investors to trade Bitcoin shares without actually owning the underlying cryptocurrency.

Ethereum Layer 2s Surpass Prominent Layer 1s in Total Value Locked
grayscale

Ethereum Layer 2s Surpass Prominent Layer 1s in Total Value Locked

The surge of Layer 2 solutions like Arbitrum, Optimism, and BASE, overtaking Layer 1 blockchains Solana and Avalanche in terms of Total Value Locked (TVL) as of September 25, 2023, highlights the pivotal role of Layer 2s in augmenting the scalability and transactional efficiency of the Ethereum network. The data underscores a growing preference for Layer 2 solutions, demonstrating their potential in enhancing the blockchain technology landscape.

Grayscale Floats New Smart Contract Fund for 6 Ethereum Competitors
grayscale

Grayscale Floats New Smart Contract Fund for 6 Ethereum Competitors

The acclaimed largest digital assets management company, Grayscale Investments has launched a new investment product tagged the Grayscale® Smart Contract Platform Ex-Ethereum Fund (GSCPxE).

Barry Silbert Resigns from Grayscale Investments Board Amidst Industry Challenges
grayscale

Barry Silbert Resigns from Grayscale Investments Board Amidst Industry Challenges

Grayscale Investments has announced the resignation of Barry Silbert from its board of directors, following a challenging period in the crypto industry. The company has been advocating for the conversion of the world's largest Bitcoin trust into an ETF. The departures come amid legal battles involving Digital Currency Group.

Tyler Winklevoss Continues to Tout Bitcoin as Break past $40,000 Price Level Anticipated
grayscale

Tyler Winklevoss Continues to Tout Bitcoin as Break past $40,000 Price Level Anticipated

Whether Bitcoin is experiencing a rainy day or not, Gemini co-founder Tyler Winklevoss will always be backing the mainstream cryptocurrency.

Alameda Research Withdraws Grayscale Lawsuit Amid GBTC Shift
grayscale

Alameda Research Withdraws Grayscale Lawsuit Amid GBTC Shift

Alameda Research has withdrawn its lawsuit against Grayscale Investments following the latter's Bitcoin Trust conversion to an ETF, leading to significant GBTC outflows and reshaping the cryptocurrency investment landscape.

Grayscale Offshoot GDLC Becomes an SEC Reporting Outfit
grayscale

Grayscale Offshoot GDLC Becomes an SEC Reporting Outfit

An offshoot of Grayscale, the Grayscale Digital Large Cap Fund is now an SEC reporting outfit, per the firm's latest announcement.

Grayscale Pairs with Coindesk Index to Launch DeFi Fund and Index
grayscale

Grayscale Pairs with Coindesk Index to Launch DeFi Fund and Index

Grayscale Investments has made a move to launch a new DeFi fund and index with Coindesk Index. Grayscale said that the new DeFi fund would give investors the ability to invest in the DeFi protocol.