Category: Grayscale

Grayscale Files Lawsuit Against SEC Over Spot Bitcoin ETF Rejection

Grayscale Files Lawsuit Against SEC Over Spot Bitcoin ETF Rejection

Grayscale Investments, the world’s largest digital currency asset manager, has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) challenging the securities regulator’s decision to reject its application to convert the Grayscale Bitcoin Trust to a spot bitcoin exchange-traded fund (ETF). Grayscale Takes SEC to Court Over Spot Bitcoin ETF Application Grayscale Investments […]

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SEC Rejects Grayscale Spot Bitcoin ETF Sparking Lawsuit

SEC Rejects Grayscale Spot Bitcoin ETF Sparking Lawsuit

On June 29, the U.S. securities regulator rejected the proposal by Grayscale to list a spot Bitcoin exchange-traded fund (ETF) on the NYSE Arca exchange. According to the SEC, the proposal did not meet standards designed to prevent fraudulent and manipulative market practices. It stated that the rejection was not based on an “assessment of […]

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Grayscale CEO: The Launch of Short Bitcoin ETF Is Positive for Crypto

Grayscale CEO: The Launch of Short Bitcoin ETF Is Positive for Crypto

Michael Sonnenshein, the CEO of the leading crypto asset manager, Grayscale Investments, believes the launch of ProShares’ Short Bitcoin Exchange-Traded Fund (ETF) could be a positive sign for the industry. SEC Becoming More Comfortable With Bitcoin In a Twitter thread on Tuesday, Sonnenshein noted that he believes the United States Securities and Exchange Commission (SEC) […]

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Wisdomtree Launches 3 Crypto ETPs Offering Exposure to Solana, Cardano, Polkadot

Wisdomtree Launches 3 Crypto ETPs Offering Exposure to Solana, Cardano, Polkadot

On Tuesday, the fund manager Wisdomtree announced the launch of three crypto asset exchange-traded products (ETPs). The ETPs are associated with the cryptocurrency networks Solana, Cardano, and Polkadot and the new crypto investment products are currently listed on Börse Xetra, SIX, and the Swiss Stock Exchange. Wisdomtree Launches Cardano, Solana, and Polkadot Exchange-Traded Products Wisdomtree […]

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Grayscale Investments Launches Smart Contract-Focused Diversified Fund

Grayscale Investments Launches Smart Contract-Focused Diversified Fund

The largest digital currency asset manager in terms of assets under management (AUM), Grayscale Investments, has announced the launch of a smart contract fund that is compiled of ethereum competitors. The fund called “GSCPxE” holds seven different smart contract coins and it’s Grayscale’s 18th investment product to date. Grayscale Launches GSCPxE — Fund Holds Cardano, […]

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PUBG Developer Parent Company Krafton to Work On NFT and Metaverse Related Projects

PUBG Developer Parent Company Krafton to Work On NFT and Metaverse Related Projects

Krafton, the parent company of Bluehole, developers of PUBG, a popular battle royale game that has earned more than $300 million in 2021, announced it will redirect some of its activities toward developing NFT and metaverse-related projects. The company says it has acquired equity in two companies, Seoul Auction Blue and Xbyblue, that will enable […]

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SEC Has Pushed Back On Grayscale’s Highly Anticipated Bitcoin Trust (GBTC)

The US Securities and Exchange Commission (SEC) has continued to stall the approval of a Bitcoin spot exchange-traded fund (ETF). The SEC stated that it was delaying a decision on whether the biggest Bitcoin fund, Grayscale Bitcoin Trust (GBTC) can convert into a Bitcoin spot ETF. The securities regulator noted that Grayscale’s application failed to […]

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Grayscale debuts ETF to track digital asset-based equities index

Grayscale debuts ETF to track digital asset-based equities index

Grayscale Investments has launched the Grayscale Future of Finance ETF, according to an announcement issued on Wednesday. The move marks the crypto investment giant’s maiden foray into the exchange-traded fund market. Grayscale’s new ETF will trade under the GFOF ticker and track the Bloomberg Grayscale Future of Finance Index. Launched in January, the GFOF index […]

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