Grayscale Investments

As Bitcoin surges past $45,000 for the first time since April 2022, several leading asset management firms are gearing up for a major development in the cryptocurrency space. Numerous asset management companies, such as BlackRock Asset Management, a division of BlackRock Inc (NYSE: BLK),...

Coinbase Global Inc. (NASDAQ: COIN) is shaking up its custody division. Aaron Schnarch, who served as the CEO of Coinbase Custody, has left the company, Bloomberg reported. Rick Schonberg has taken over the role, bringing experience from his previous positions at Goldman Sachs (NYSE: GS), State...

A new survey highlights a major shift in American voters’ priorities, showing 73% of participants believe U.S. presidential candidates must have a well-informed perspective on innovative technologies, such as artificial intelligence (AI) and cryptocurrencies. What Happened: Grayscale...

Grayscale Investments CEO Michael Sonnenshein in his recent CNBC appearance voiced his opinion about the potential impact of a spot Bitcoin ETF on the crypto market. What Happened: Sonnenshein highlighted that a spot Bitcoin ETF could "unlock" around "$30 trillion worth of...

Grayscale Investments CEO Michael Sonnenshein shared a positive outlook on the potential approval of a spot Bitcoin (CRYPTO: BTC) ETF. What Happened: In an interview with Yahoo Finance, he said, "We're feeling optimistic," Sonnenshein remarked, highlighting the proactive...

In a pivotal move, embattled crypto exchange FTX got the necessary court permission to proceed with selling assets from Grayscale Investments and Bitwise, estimated at $744 million. This development is a part of FTX's bankruptcy restructuring process. The assets, split between one Bitwise...

The Securities and Exchange Commission (SEC) has started discussions with Grayscale Investments regarding its proposed spot Bitcoin (CRYPTO: BTC) ETF. What Happened: According to a report by CoinDesk, the SEC has initiated talks with Grayscale on its application to transform its GBTC trust product...

The U.S. Court of Appeals for the D.C. Circuit confirmed Grayscale Investments' ruling, mandating the Securities and Exchange Commission (SEC) to reassess the asset management company's application for a spot Bitcoin (CRYPTO: BTC) ETF. This decision aligns with the court's judgment from...

Grayscale Investments has taken another step forward in its journey to transform the Grayscale Bitcoin Trust (OTC: GBTC) into a spot Bitcoin (CRYPTO: BTC) ETF, by lodging a new registration document with the Securities and Exchange Commission (SEC). This action follows the directive of a D.C....

Dave LaValle is the Global Head of ETFs for Grayscale Investments, a U.S.-based digital currency asset management company and a Digital Currency Group (DCG) subsidiary founded in 2013. Grayscale says it is the world's largest crypto assets manager, and based on last week's decision by...

Galaxy Digital Holdings Ltd. (OTC: BRPHF) CEO Michael Novogratz on Wednesday exuded confidence in the approval of spot Bitcoin-exchange-traded funds (ETFs) by the Securities and Exchange Commission (SEC) this year. Reflecting on the recent legal stride by Grayscale Investments LLC,...

Grayscale Investments submitted a new application to the U.S. Securities and Exchange Commission (SEC) for a new exchange-traded fund (ETF). This time, the ETF would be centered on Ether (CRYPTO: ETH) futures. The ETF application is based on the Securities Act of 1933, the same regulation that...

JPMorgan Chase & Co (NYSE: JPM) anticipates that the U.S. Securities and Exchange Commission (SEC) may simultaneously greenlight multiple spot Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs). This prediction comes in light of the SEC's recent interactions with Grayscale Investments, a...

Former SEC Chairman Jay Clayton believes the U.S. will eventually greenlight a spot Bitcoin ETF. What Happened: In an interview with CNBC on Friday, Clayton stated, “Approval is inevitable.” He highlighted the existing scenario where retail investors can trade a Bitcoin futures...

The long journey to have Bitcoin ETFs available to U.S. traders could be nearing an end date with a recent ruling against the U.S. Securities and Exchange Commission for previously rejecting an ETF conversion. Here’s a look at the early history of Bitcoin ETF proposals and how investors could...