Grayscale Investments news and trends

Bitcoin Reaches $35,000 Thanks to ETF Anticipation
Bitcoin // October 24, 2023

Investor optimism about the future of exchange-traded funds (ETFs) has apparently been good for bitcoin. As Bloomberg News reported Tuesday (Oct. 24), the world’s largest cryptocurrency reached $35,000 for the first time since last year, driven by the possible approval of the first U.S. spot Bitcoin...

Court Ruling Forces SEC to Reconsider Grayscale’s Bitcoin ETF Application
Bitcoin // August 29, 2023

Grayscale Investments, a prominent crypto asset manager, has won a court ruling that requires the Securities and Exchange Commission (SEC) to reconsider its application for the first bitcoin exchange-traded fund (ETF). This ruling is seen as a setback for SEC Chair Gary Gensler’s efforts to regulate the...

Today in Crypto: Former Celsius Execs Withdrew $17M Before Company Filed Chapter 11; Citi Ventures...
Cryptocurrency // October 06, 2022

Two Celsius officials withdrew $42 million in cryptocurrency before the company froze withdrawals and filed for bankruptcy, Coindesk wrote. Former CEO Alex Mashinsky and CSO Daniel Leon took the funds from custody accounts in the form of bitcoin, ether and CEL tokens. Mashinsky reportedly withdrew...

SEC Homes in on Small Cryptos to Bolster Oversight Case
Cryptocurrency // August 29, 2022

The Securities and Exchange Commission appears to be targeting a trio of smaller, privacy-focused cryptocurrencies, including Stellar’s lumen token, the world’s largest digital asset manager revealed in filings recently. Grayscale Investments, whose Grayscale Bitcoin Trust and Grayscale Ethereum Trust hold $15.3 billion and $5.8 billion...

Quick Reads
Bitcoin Reaches $35,000 Thanks to ETF Anticipation

October 24, 2023
Investor optimism about the future of exchange-traded funds (ETFs) has apparently been good for bitcoin. As Bloomberg News reported Tuesday (Oct. 24), the world’s largest cryptocurrency reached $35,000 for the first time since last year, driven by the possible approval of the first U.S. spot Bitcoin ETFs in the next few weeks. With companies like BlackRock and Fidelity vying to […]

Court Ruling Forces SEC to Reconsider Grayscale’s Bitcoin ETF Application

August 29, 2023
Grayscale Investments, a prominent crypto asset manager, has won a court ruling that requires the Securities and Exchange Commission (SEC) to reconsider its application for the first bitcoin exchange-traded fund (ETF)....

Today in Crypto: Former Celsius Execs Withdrew $17M Before Company Filed Chapter 11; Citi Ventures...

October 06, 2022
Two Celsius officials withdrew $42 million in cryptocurrency before the company froze withdrawals and filed for bankruptcy, Coindesk wrote. Former CEO Alex Mashinsky and CSO Daniel Leon took the funds...

Bitcoin Daily: Grayscale CEO Says Pension, Endowment Funds Driving Bitcoin Rally; NYC Bar Owner Selling...

January 10, 2021
Grayscale Investments CEO Michael Sonnenshein told Bloomberg that the digital asset management firm has seen increased crypto investments from pension funds and endowments, driving digital asset growth and acceptance. Grayscale’s...