Grayscale

‘Grayscale Discount’ Widens as FTX Contagion Spreads
‘Grayscale Discount’ Widens as FTX Contagion Spreads
Shares of the Grayscale Bitcoin Trust (GBTC), the world’s largest publicly traded crypto fund, are trading at a record discount relative to the price of the underlying bitcoin...
‘Grayscale Discount’ Widens as FTX Contagion Spreads

Osprey (Karo Kujanpaa/Unsplash)
Osprey Publishes Public Address for Its Trust's Bitcoin Holdings
The far larger Grayscale Bitcoin Trust has declined to make similar information known for security reasons.
Osprey (Karo Kujanpaa/Unsplash)

Grayscale CEO Michael Sonnenshein (CoinDesk)
Bernstein Says Grayscale Bitcoin Trust Is Protected From Fallout at Sibling Company Genesis Global
If Genesis is forced to file for bankruptcy, creditors will have no claim on GBTC assets, the report said.
Grayscale CEO Michael Sonnenshein (CoinDesk)

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

Grayscale CEO Michael Sonnenshein speaks at Invest: NYC 2019. (CoinDesk)
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 CEO Michael Sonnenshein speaks at Invest: NYC 2019. (CoinDesk)

(Megamodifier/Pixabay)
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.
(Megamodifier/Pixabay)

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

Grayscale CEO Michael Sonnenshein (CoinDesk archives)
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)

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

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