April 18th, 2025
GBTC News - Page 11
Shares in Grayscale’s Bitcoin Trust (GBTC) Trade at 36% Discount to Fund’s NAV
By John K. Kumi
October 4th, 2022
Data tracked by Delphi Digital has disclosed that GBTC shares relative to the underlying cryptocurrency held in the fund have had their discount widened to 36.2% on September 30.
GBTC Premium Down 34%, Largest Discount Ever on Spot Market
By Kofi Ansah
June 17th, 2022
Although Grayscale remains upbeat about the future, GBTC’s performance has been the subject of criticism by market experts, channeling the blame at regulators for what they see as an inaccurate risk assessment.
GBTC Premium Closing in on 2022 High as Bitcoin Spot ETF Agenda Seemingly Close to Becoming Reality
By Tolu Ajiboye
April 21st, 2022
The SEC’s approval for a GBTC Bitcoin spot ETF is a “matter of ‘when’ and not ‘if’”, according to Grayscale CEO Michael Sonenshein.
Grayscale Bitcoin Trust Hits Record 21.36% Discount
By Sanaa Sharma
December 20th, 2021
When GBTC began experiencing discounts of over 20% in October 2021, it filed for a formal application with the US SEC for a possible conversion of the product.
NYSE Files with US SEC to Convert Flagship Product GBTC to Bitcoin Spot ETF
By Bhushan Akolkar
October 20th, 2021
Digital asset manager Grayscale wants to convert its Grayscale Bitcoin Trust (GBTC) into a spot Bitcoin ETF. The company said it has 14 other investment products that it is willing to convert into a Bitcoin ETF.
6% of Total BTC in Circulation Held by Asset Managers and Companies
By Sanaa Sharma
August 26th, 2021
Analysts predict that the ultimate Bitcoin will be mined in 2140, with the market supply achieving a peak of 21 Mn coins.
Morgan Stanley Reveals Millions of Dollars Worth of Grayscale Bitcoin Trust (GBTC) Shares
By Tolu Ajiboye
August 26th, 2021
Morgan Stanley says that it currently holds 1 million shares of Grayscale Bitcoin Trust worth millions of dollars, through several funds.
Wealthfront Says Clients Can Now Invest in Grayscale BTC and ETH Funds
By Godfrey Benjamin
July 31st, 2021
With the uncertainty in the current investment ecosystem, Wealthfront says it is set to offer its customers an expert-backed recommended portfolio.
FTX CEO Says Upcoming GBTC Unlock Does Not Matter Much for Bitcoin
By Tolu Ajiboye
July 12th, 2021
Although the CEO warned that anything could happen, he believes that the total 40,000 GBTC to be unlocked soon would not really affect Bitcoin.
Morgan Stanley Acquires 28,000 Shares of Grayscale Bitcoin Trust, Doubles Investors’ Dividend
By Bhushan Akolkar
June 29th, 2021
Amid Bitcoin market volatility, Morgan Stanley acquires 28,000 GBTC shares getting exposure to the world’s largest crypto. The Wall Street bank has produced strong results and doubled its dividend for the third quarter.
Coinbase Considers Buying Asset Manager Osprey Funds
By Oluwapelumi Adejumo
May 21st, 2021
Coinbase CFO Alesia Haas said that the firm is preparing to expand the categories of financial services it offers to its users.
Grayscale Shows Strong Intention to Convert Its GBTC Bitcoin Fund to BTC ETF
By Bhushan Akolkar
April 6th, 2021
Looking at the strong demand for Bitcoin ETF from institutional players, Grayscale doesn’t want to lose its market dominance and is willing to navigate to the ETF market.
Job Postings Suggests Grayscale Is Ready for Bitcoin ETF
By John Kiguru
March 10th, 2021
Grayscale has shared nine job postings for ETF specialists. The leading Bitcoin trust firm has no ETF products nor filed for an ETF with the SEC.
Crypto Lender BlockFi Launches Bitcoin Trust
By Kofi Ansah
February 10th, 2021
BlockFi’s annual fee falls 0.25% below what industry leader Grayscale Bitcoin Trust (GBTC) charges investors as BlockFi aims to compete with GBTC for the top spot.
Grayscale Goes on Bitcoin (BTC) Buying Spree after Raising $700 Million
By Bhushan Akolkar
January 18th, 2021
Grayscale continues to attract institutional money in 2021 after reporting a staggering $3.3 billion inflows during Q4 2020. Last week, the digital asset manager purchased nearly 10K Bitcoins worth over $300 million.