BTC$60,097.00+0.89%
ETH$1,590.04+1.38%
USDT$0.9985-0.01%
BNB$556.69+1.06%
USDC$0.9998+0.00%
XRP$1.05+0.77%
SOL$74.40+3.85%
TRX$0.3207-0.69%
FIGR_HELOC$1.02+0.27%
HYPE$65.05+3.70%
DOGE$0.0731-0.04%
RAIN$0.016+2.53%
USDS$0.9995-0.01%
LEO$9.39-0.41%
ZEC$390.77+0.35%
XLM$0.1748+2.43%
BTC$60,097.00+0.89%
ETH$1,590.04+1.38%
USDT$0.9985-0.01%
BNB$556.69+1.06%
USDC$0.9998+0.00%
XRP$1.05+0.77%
SOL$74.40+3.85%
TRX$0.3207-0.69%
FIGR_HELOC$1.02+0.27%
HYPE$65.05+3.70%
DOGE$0.0731-0.04%
RAIN$0.016+2.53%
USDS$0.9995-0.01%
LEO$9.39-0.41%
ZEC$390.77+0.35%
XLM$0.1748+2.43%
Even in its unapproved state, BlackRock’s iShares Bitcoin Trust manifests major gravity pull.
After offering to replace Grayscale as the manager of GBTC, Osprey is now suing the firm over “false and misleading statements” about the fund's conversion into…
Reportedly, Fir Tree also wants to prevent Grayscale from turning into a spot Bitcoin ETF.
Grayscale Bitcoin Trust represents the most dangerous domino in the FTX fallout.
The GBTC has traded at around a 36% discount against BTC spot prices, reaching a new record low.
It's been almost a decade since the rejection of the first spot BTC ETF filing, and it still appears an approval is nowhere in sight.
Morgan Stanely has acquired over 7 million shares of Grayscale Bitcoin Trust, equivalent to more than 6,300 BTC.
A Guggenheim fund could make Bitcoin up to 10% of its portfolio. But this is just one part of a larger trend.
