Grayscale Investments Scooped Up Over 17,000 BTC in the Last Seven Days
During the last seven days, Grayscale Investments purchased 17,100 BTC or $182 million worth of bitcoin using today’s exchange rates. The company’s bitcoin position is now close to 450,000 BTC worth roughly $4.7 billion. The Grayscale Bitcoin Trust (GBTC) is a very popular investment vehicle and in 2020 the trust has obtained a massive amount of BTC. Today, GBTC has $4.7 billion assets under management (AUM), according to data provided by bybt.com. Grayscale’s bitcoin position is also displayed on the company website as well for transparency purposes. Since the Grayscale....
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In response to the U.S. Securities and Exchange Commission’s denial of a request to convert its Bitcoin trust into an exchange-traded fund, Grayscale Investments, the largest manager of digital currency assets globally, has filed a lawsuit against the SEC. Michael Sonnenshein, CEO at Grayscale Investments, tweeted on June 29 : Grayscale Investments Initiates Lawsuit Against […]
Grayscale Investments has launched its first exchange-traded fund (ETF). The Grayscale Future of Finance ETF “seeks to invest in the companies and technologies shaping the ‘future of finance.'”
Grayscale’s First ETF
Grayscale Investments, the world’s largest digital currency asset manager, announced Wednesday the launch of its first exchange-traded fund (ETF) called Grayscale Future of Finance ETF (symbol: GFOF).
The company explained that its new ETF “seeks to invest in the companies and technologies shaping the....
Grayscale Investments has added solana and uniswap to its large-cap investment fund. This is the first time solana has been added to a Grayscale fund. The company now offers 15 funds, two of which are diversified portfolios.
Solana and Uniswap Added to Grayscale Fund
Grayscale Investments, the world’s largest digital currency asset manager, announced Friday the quarterly rebalancing of its two diversified portfolios: the large-cap fund and the defi (decentralized finance) fund.
For the Grayscale Digital Large Cap Fund (OTCQX: GDLC), the company sold some of the....
Grayscale Investments, the world’s largest digital asset manager, is expanding into Europe. “We’re going to be very thoughtful, very methodical about each of the financial centers and financial hubs that we ultimately launch in,” said the CEO. Grayscale Entering Europe The world’s largest digital asset manager, Grayscale Investments, is getting ready to expand into Europe, CEO Michael Sonnenshein told Bloomberg Tuesday. He explained that decisions have yet to be made regarding which exchanges, which products, and which countries Grayscale will target....