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A federal appeals court has sided with Grayscale Investments in its lawsuit against the SEC. The court rules that the SEC must reverse its rejection of Grayscale’s spot Bitcoin ETF and review the application. Top cryptocurrencies including Bitcoin, Ethereum, and…
Grayscale’s Bitcoin exchange-traded fund (ETF), GBTC, has seen an estimated $1.1 billion in outflows over the past three days of trading. This trend comes as the fund’s long-standing discount to net asset value has narrowed to its lowest level in…
The Securities and Exchange Commission (SEC) has extended the timeline for making a decision on the Grayscale Ethereum Trust’s spot exchange-traded fund (ETF) application by 45 days to January 25, 2024. This delay comes as the SEC continues to carefully…
Grayscale Bitcoin Trust (GBTC) is making updates to its trust agreement in preparation for potentially uplisting to a spot bitcoin exchange-traded fund (ETF). The updates involve two modifications. The first change allows fees to be paid daily instead of monthly,…