Grayscale


Policy

Grayscale Slams SEC's 'Unreasonable' Barring of Spot Bitcoin ETFs

The asset manager said the regulator's defense of its decision to block a spot bitcoin ETF is "illogical."

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

Videos

Grayscale Bitcoin Trust Discount Narrows to 8-Week Low

Grayscale Bitcoin Trust's early 2023 rally outpaced that of its underlying bitcoin holdings, significantly narrowing its discount to the net asset value. The closed-end trust with more than $10 billion in assets under management is up 17.5% to begin the year versus about a 5% advance in the price of bitcoin to its current $17,300. Grayscale and CoinDesk are both owned by parent company DCG. "All About Bitcoin" host Christine Lee breaks down "The Chart of The Day."

Recent Videos

Markets

Grayscale Bitcoin Trust Discount Narrows to 8-Week Low as DCG Faces Pressure

Digital Currency Group, Grayscale's parent company, has come under increasing pressure to address a discount that had widened to nearly 50% towards the close of 2022.

Grayscale's new ad campaign can be seen in New York's Penn Station. (Nikhilesh De/CoinDesk)

Finance

Crypto Conglomerate DCG Being Investigated by DOJ, SEC: Report

The inquiries, which appear to be in an early stage, are focused on financial transfers between DCG and its Genesis unit, according to the Bloomberg report.

DCG founder and CEO Barry Silbert (CoinDesk archives)

Videos

Grayscale Bitcoin Trust Trading at 45% Discount Amid Gemini, DCG Dispute

Grayscale Bitcoin Trust shares are trading at a 45% discount, according to YCharts. This comes as the co-founder of crypto exchange Gemini has accused Digital Currency Group CEO Barry Silbert of “bad faith stall tactics” as their respective companies lock horns over a business disagreement precipitated by FTX’s multi-billion-dollar implosion late last year. DCG is the parent company of Grayscale and CoinDesk.

Recent Videos

Finance

Crypto Asset Manager Valkyrie Investments Wants to Sponsor, Manage Grayscale Bitcoin Trust

GBTC, the world’s largest bitcoin fund, has been trading at near a record discount relative to the price of bitcoin.

Valkyrie has filed for a bitcoin futures ETF.

Videos

There's a Silver Lining in the Wake of FTX's Collapse, Bitwise CIO Says

Bitwise Asset Management Chief Investment Officer Matt Hougan joins “First Mover” to discuss his outlook on the crypto markets and the long-term silver lining of FTX’s collapse as lawmakers call for more regulatory clarity in the industry. Plus, insights on Grayscale considering returning 20% of investor capital if SEC refuses spot bitcoin ETF. Grayscale and CoinDesk are both owned by Digital Currency Group.

Recent Videos

Finance

Grayscale Will Explore Returning Portion of Investor Capital if SEC Refuses Spot Bitcoin ETF

Grayscale sued the U.S. regulator in June after its latest spot bitcoin ETF application was denied.

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

Finance

Grayscale Bitcoin Trust Discount Reaches Record 50%

The shares have not traded at a premium to bitcoin since last March.

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

Policy

SEC Strikes Back in Grayscale Suit Over GBTC ETF Conversion

The brief, filed last Friday, is the first from the U.S. Securities and Exchange Commission (SEC) since the lawsuit was filed in June.

SEC Chair Gary Gensler says he's trying to protect investors. (Evelyn Hockstein-Pool/Getty Images)