Tag: Grayscale

The Grayscale Bitcoin Trust (GBTC), which has been trading at a discount since the beginning of 2021, hit a record low of -35.26% on Sept. 23. This decline comes four months after its previous all-time low of 34%. Now, Grayscale is suing the SEC after rejecting its application to convert to a spot Bitcoin ETF…

ETHPoW, a fork of the proof-of-work Ethereum blockchain, was down over 61% in 24 hours following The Merge. Meanwhile, Grayscale Investments said to an SEC it has the rights to ETHPoW tokens due to The Merge. The native token of EthereumPoW, a proof-of-work hardfork of the Ethereum blockchain, was trading down over 60% on Sept….

Grayscale, the world’s largest digital currency asset manager, has announced rebalancing its Fund Components for the second quarter of 2022. However, the organization revealed it removed some crypto tokens from its portfolio. According to the release, Grayscale mentioned that in accordance with the Large Cap Select Index methodology it has removed Bitcoin Cash, Chainlink, Litecoin,…

Bitcoin fell over 5% following the US Securities and Exchange Commission (SEC) rejected the Bitcoin spot ETF proposed by Grayscale. The crypto fund has launched a lawsuit against the SEC after the regulator’s denial. Meanwhile, Jacobi Asset Management announced the launch of Europe’s first Bitcoin ETF on the Euronext Amsterdam exchange. Thursday morning, Bitcoin fell…