Grayscale dusts off its #dropgold campaign with fresh ad push
The ad is currently running online and on several major TV networks. Digital asset manager Grayscale is bringing back its controversial "drop gold" campaign just in time for the potential Bitcoin (BTC) bull market. CEO Barry Silbert tweeted Tuesday that the 30-second advertisement will be “running on major networks all over the country.”The commercial implores investors to “leave the pack behind” by dropping gold and adding digital assets like Bitcoin to their portfolio. “In a digital world, gold shouldn’t weigh down your portfolio,” the commercial says, adding:“Digital currencies like....
Related News
The cryptocurrency investment giant has also seen “massive” options volume as gold takes a fresh beating and institutions seek Bitcoin exposure. Bitcoin (BTC) and altcoin investment firm Grayscale now has more assets under management (AUM) than the world’s biggest gold fund.According to the latest data from issuer Grayscale, Grayscale now controls over $60 billion — $1.7 billion more than the leading gold fund, SPDR Gold Shares (GLD).Praise for Grayscale, futures ETFsGrayscale’s flagship Bitcoin product, the Grayscale Bitcoin Trust (GBTC), meanwhile, contains over 646,000 BTC, worth around....
Although the influx of institutional investors into Bitcoin has slowed, Grayscale Bitcoin Trust remains one of the most notable institutional investor. GBTC has received a new push from one of the world’s most powerful banks, which intends to strengthen the former’s ETF goals. Grayscale Investment Partners With BNY Mellon Grayscale Investments, a digital asset management, […]
Grayscale Investments, the world’s largest digital asset manager, has launched a campaign aimed at convincing the U.S. Securities and Exchange Commission (SEC) to approve its bitcoin spot exchange-traded fund (ETF) application. Grayscale seeks to convert its $25.7 billion bitcoin trust (GBTC) to a bitcoin spot ETF. Asset Manager Campaigns to Get Bitcoin Spot ETF Approved Grayscale Investments announced Tuesday the launch of a campaign “to educate and encourage American investors to submit comments” on its application with the SEC to convert Grayscale Bitcoin Trust....
Today, the BitGive Foundation announced its newest project of a fundraising campaign for The Water Project. How incredible that one can send BTC to help provide fresh water to those truly in need! The BitGive Foundation issues the following press release: BITGIVE FOUNDATION - FUNDRAISING CAMPAIGN FOR THE WATER PROJECT. Charitable giving in Bitcoin. (Sacramento, CA - February 24, 2014) - TheBitGive Foundation is partnering withThe Water Project to promote charitable giving through a fundraising campaign to bring clean, safe water to a community in Africa. The BitGive Foundation has....
Grayscale Investments is shutting down its Grayscale XRP Trust and liquidating its XRP holdings in order to distribute cash proceeds to the trust’s shareholders. The firm cited difficulty in converting XRP into U.S. dollars following the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Ripple. Grayscale Axes XRP Trust Grayscale Investments announced Wednesday that it is commencing the “dissolution of Grayscale XRP Trust.” The company detailed that on Dec. 22, the U.S. Securities and Exchange Commission (SEC) decided “to file a federal court....