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Grayscale Says It May Return 20% Of Investor Capital, Bitcoin Refuses To Budge

Besides the macroeconomic headwinds, when it comes to crypto, there are two main concerns at the moment: Binance and DCG. The situation surrounding Genesis Trading, Digital Currency Group (DCG) and Grayscale, which is still unresolved after a month, is depressing the market sentiment around Bitcoin. As reported by the Wall Street Journal, information has now leaked out again which might be a double-edged sword for investors. Grayscale CEO Michael Sonnenshein said the company would explore new options to return a portion of the Grayscale Bitcoin Trust’s capital to shareholders, as the GBTC currently trades at a record 49% discount to

Crypto Giant Grayscale Considers Selling Portion of $10,753,804,948 Bitcoin Trust if ETF Plan Fails: Report

December 19, 2022

In "Bitcoin"

Grayscale BTC Trust Won’t Show Proof of Reserves

Grayscale – one of the largest bitcoin trusts in the world – says it’s not going to be sharing its proof of reserves with customers, causing a lot of heads to turn, eyebrows to hike, and fear to surge. Why Won’t Grayscale Spill the Beans? The concern amongst digital currency…

December 28, 2022

In "Bitcoin"

Grayscale Announces Bitcoin Mining Industry ETF (MNRS)

On Jan. 30, the firm announced the Grayscale Bitcoin Miners ETF with the ticker MNRS. The product is a passively managed ETF tracking the mining industry and the Indxx Bitcoin Miners Index. “MNRS provides exposure to Bitcoin Miners and the global Bitcoin mining industry at a time when we’re seeing…

February 1, 2025

In "Crypto Analysis"

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Grayscale Says It May Return 20% Of Investor Capital, Bitcoin Refuses To Budge

Related

Crypto Giant Grayscale Considers Selling Portion of $10,753,804,948 Bitcoin Trust if ETF Plan Fails: Report

Grayscale BTC Trust Won’t Show Proof of Reserves

Grayscale Announces Bitcoin Mining Industry ETF (MNRS)

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