Grimes & Company Inc. purchased a new stake in Grayscale Bitcoin Trust (NYSEARCA:GBTC – Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The firm!-->…
Grayscale Investments, the world’s largest crypto asset manager, announced the appointment of Peter Mintzberg as its new Chief Executive Officer, effective August 15, 2024. Mintzberg will succeed Michael Sonnenshein, who stepped down…
As the battle intensifies among financial giants to attract investors for newly approved Bitcoin ETFs, industry experts are contemplating a potential game-changer: the Grayscale acquisition. With its substantial lead in Bitcoin…
Michael Sonnenshein at the 2022 Forbes Iconoclast Summit at New York Historical Society on Nov. 3, 2022.Arturo Holmes | Getty Images Entertainment | Getty ImagesDAVOS, Switzerland — Grayscale Investments CEO Michael Sonnenshein told CNBC…
The marketing competition between spot Bitcoin ETF issuers has reached a new level with Grayscale pushing out its offering on several media platforms including television and posters. Grayscale GBTC Ads Proliferates Senior ETF analyst…
The world’s largest digital asset manager is offering a look at which crypto assets institutional investors are most interested in.
Grayscale just detailed a complete breakdown of its crypto assets under management (AUM), which…
Spot Bitcoin ETFs are the biggest news in town, but there are other metrics to look at.Interest rates could also have a massive impact on the price of Bitcoin.A version of this story appeared in our The Roundup newsletter. Sign up…
Key Takeaways
Grayscale’s flagship product GBTC has registered a record discount.
At last week's end, the price of one GBTC share was $34.42, which is 21.3% lower than its underlying value.
The increasing discount on GBTC may hint at…
Cryptocurrency News Highlights: Bitcoin, the world’s first-ever digital currency, once again echoed a tidal wave of frenzy across the broader crypto market on Saturday, as the token’s price chart showcased a substantial upswing. As…