April 18th, 2025
GBTC News - Page 10
Bitcoin Spot ETF in US Inches Closer Following Closure of Grayscale vs SEC Case
By Steve Muchoki
October 24th, 2023
The US SEC is therefore expected to review Grayscale’s application to convert its GBTC to a spot Bitcoin ETF without prejudice.
Bitcoin Price Surges amid Possibility of Bitcoin ETF Approval
By Babafemi Adebajo
October 20th, 2023
To underscore the bullish sentiments, the performance of Bitcoin forks reflects the same optimism among investors.
Federal Court Set to Formalize Grayscale ETF Victory Today Following SEC’s Refusal to Appeal
By Tolu Ajiboye
October 20th, 2023
A federal court may formalize the ruling on Grayscale’s ETF today, officially vacating the SEC’s refusal to convert the GBTC.
SEC Chair Says He’s Still Weighing Bitcoin ETF Proposals
By Bhushan Akolkar
October 19th, 2023
The SEC chair said that the Commission has a lot of applications to review for spot Bitcoin ETFs. Mike Novogratz expects a spot Bitcoin ETF coming by the year end.
Grayscale Seeks SEC Approval to Convert Ethereum Trust into Spot ETF
By Chimamanda U. Martha
October 2nd, 2023
If approved, the move marks a significant step towards providing investors with transparent and regulated access to crypto within familiar product structures.
DCG-backed Genesis Global Trading to Shut Down US Crypto Spot Trading by September 18
By Steve Muchoki
September 6th, 2023
The decision by Genesis Global Trading (GGT) to wind down its business was reportedly voluntary and is currently working with regulators to ensure an orderly closure of services.
Bitcoin Price Gains Over 5% after US Court of Appeals Sided with Grayscale against SEC on Spot ETF Application
By Steve Muchoki
August 30th, 2023
The court ruled that the SEC failed to provide sufficient evidence as to why Grayscale’s application to convert its Bitcoin Trust to a spot ETF was denied while the agency approved a futures ETF.
SEC Files Sealed Motion against Binance Causing Fear and Uncertainty in Crypto Market
By Steve Muchoki
August 30th, 2023
Former chief of SEC office of Internet enforcement John Reed Stark argued that the rare move by the agency could spell criminal investigation for Binance and the accused persons.
Bitcoin Price Shoots Over 7% as Grayscale Registers Victory over SEC
By Bhushan Akolkar
August 30th, 2023
Grayscale’s victory over the US SEC marks a milestone event which can open up the gates of approval for the spot Bitcoin ETF.
US Regulators Can Accommodate Spot Bitcoin ETF, Says Bernstein
By Bhushan Akolkar
June 26th, 2023
As per Bernstein research, there is the “headroom for a compliant ETF to grow its share as a bitcoin on-ramp solving the pain of custody”.
ProShares’ BITO Sees Biggest Institutional Inflow in One Year amid Bitcoin ETF Fever
By Bhushan Akolkar
June 26th, 2023
Amid the strong recovery in the Bitcoin price this year, ProShares’ BITO witnessed a strong resurgence with growing institutional inflows.
Bitcoin (BTC) Price Shoots to $29,000 amid Flurry of Bitcoin ETF Applications
By Bhushan Akolkar
June 21st, 2023
The Bitcoin price rallied soon after the spot BTC ETF applications by WisdomTree and Invesco on Tuesday. Bitcoin extends its market dominance to 50% of the overall crypto market.
GBTC Sees Over 400% Surge in Trading Volume in 5 Days, Here’s Why
By Mayowa Adebajo
June 21st, 2023
There is a renewed hope that the US Securities and Exchange Commission (SEC) may finally approve a spot Bitcoin ETF.
Grayscale to Refund 20% of Investor’s Capital if SEC Denies Its ETF Bid
By Godfrey Benjamin
December 19th, 2022
While little is known about its fight with the SEC, Grayscale is already preparing for future moves in case it loses the battle.
Cathie Wood’s Ark Invest Purchases Over 176K GBTC Shares at $1.5M
By Tolu Ajiboye
November 23rd, 2022
Amid the crypto bear market, Ark Invest has acquired an additional stake in GBTC, spending over $1.5 million on more than 170,000 shares.