Digital Asset Manager Grayscale Eyes DeFi Space With New Trust Filings
Trusts for Aave, Cosmos and Polkadot, as well as privacy coin Monero, have been registered in Delaware. Source
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Grayscale
Rothschild Investment Adds to Grayscale Bitcoin Holdings
The manager of $1.4 billion first bought bitcoin trust shares in 2017. Source
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Grayscale Donating up to $2M to Crypto Advocacy Group Coin Center
A web page has been set up for the donation matching campaign that runs through February. Source
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Grayscale Purchases 32,710 Bitcoin in 1 Week, 8,762 BTC in 24 Hrs
Quick take:Grayscale has accumulated 32,710 BTC in 1 week and 8,762 Bitcoin in 24 hoursThe accumulation is happening alongside a Bitcoin correction to the lower $30k levelsGrayscale now owns 3% of the 21 million Bitcoin that will ever existThe idea of Bitcoin scarcity is growing with such purchases by big
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Grayscale Raises $700M+ in a Day, Its Largest Daily Asset Raise Ever
In Q4 2020, the company raised $3.3 billion across its cryptocurrency investment vehicles. Source
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Bitcoin Retests $40k as Grayscale Adds 2,172 BTC to its Bags
Quick take:Bitcoin’s $30k – $32k heldBitcoin has just retested $40k and looks ready to push furtherThis comes after Grayscale added 2,172 BTC to its bags in the last 24 hoursInstitutional buying of Bitcoin is back in high gear with the new yearHowever, a move back down by Bitcoin cannot be
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Grayscale Investments liquidates all of its XRP… while it still can
Institutional crypto-fund manager Grayscale Investments has begun the dissolution of its XRP Trust in response to the Security and Exchange Commission’s December 2020 lawsuit alleging the XRP token is a security under U.S. law.According to an announcement published Wednesday, Grayscale decided to dissolve the trust in response to the spate
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Grayscale CEO Says Crypto Interest Is Rising From Pension, Endowment Funds
Michael Sonnenshein said institutions are also making larger allocations to its crypto products. Source
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Grayscale Drops XRP From Large Cap Crypto Fund Following Ripple SEC Suit
Digital asset manager Grayscale Investments is following Bitwise’s footsteps in removing XRP from its large-cap crypto fund.The firm, which is owned by CryptoX parent company Digital Currency Group, announced Tuesday it would no longer hold XRP in the Grayscale Digital Large Cap Fund, which is also made up of BTC,
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Faulty data? Grayscale didn’t liquidate massive amounts of XRP and XLM
Bybt data apparently showing a massive liquidation of XRP and Stellar Lumen (XLM) by Grayscale Investments earlier this week is inaccurate, according to the investment company.On Wednesday, a public Bybt data set suggested that Grayscale Investments reduced its exposure to XRP by roughly 9.19 million units and that the fund also
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