Barry Silbert’s Bitcoin Investment Fund Files $500m Share Offering
Barry Silbert’s Bitcoin Investment Trust has filed form S-1 with the US Securities And Exchange Commission (SEC) for up to $500 million USD worth of shares. Private Placement Shares End. The documentation, submitted Friday, will take the Trust a step closer to listing on the New York Stock Exchange should the SEC approve it. “Grayscale Investments, LLC announced today that it has filed a registration statement on Form S-1 relating to the proposed registration of the Bitcoin Investment Trust’s shares (the “registered Shares”) with the Securities and Exchange Commission,” an accompanying....
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A new Bitcoin ETF provider has entered the competition alongside Winklevoss Bitcoin Trust and SolidX. Grayscale Investments, the child company of Barry Silbert’s Digital Currency Group, filed an S-1 registration statement with the Securities and Exchange Commission (SEC) to list its Bitcoin Investment Trust on the New York Stock Exchange. Since 2013, Grayscale Investment’s Bitcoin Investment Trust has been providing a unique method for investors and traders to purchase Bitcoin in a more regulated ecosystem by selling the shares of Bitcoin Investment Trust, hereinafter GBTC, on a public....
Huffington Post journalist David Seaman, who we interviewed last month, has a bone to pick with the Digital Currency Group’s Barry Silbert. The article in question written by Seaman claims Silbert is behind the Ethereum Classic chain pump, and the whole ETC project is a blatant scam in his opinion. David Seaman Slams Barry Silbert’s ETC ‘Pump’. The very....
See the announcement here. Barry Silbert sends out a teaser tweet. Founder and CEO of SecondMarket Barry Silbert, took to Twitter on Wednesday evening to tease his followers. Barry Silbert tweeted that he will be sharing some interesting news about the Bitcoin Investment Trust, the next day. Excited to share some @BitcoinTrust news tomorrow... The Bitcoin Investment Trust has received a great deal of interest since its announcement in September of last year, allowing accredited and institutional investors to be exposed to the bitcoin realm sans having to deal with buying, storing, and....
The Guggenheim Macro Opportunities Fund will now be able to invest up to 10% of its net asset value in the Grayscale Bitcoin Trust.
David Seaman, a crypto blogger, has written a blog in the Huffington Post saying that sources have told him authorities are examining Barry Silbert’s role with Ethereum Classic, which Seaman considers a scam. In another Huffington Post blog, Seaman claims CoinDesk, which Silbert’s Digital Currency Group has acquired, is promoting Ethereum Classic. In the interest of disclosure, Seaman noted he holds some ether, some bitcoin, some U.S. dollars, and some gold. He pointed out that since he held ether at the time of the Ethereum hard fork, he also has a Classic position by default, but he has....