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Grayscale Investments CEO, Michael Sonnenshein, highlighted a potential negative outcome for the United States economy if the Securities and Exchange Commission (SEC) continues to take a one-by-one approach to regulating the cryptocurrency industry.During a recent interview with Fox Business, Sonnenshein expressed that the SEC could drive crypto firms out of
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The next president of the United States is likely to be in favor of central bank digital currency (CBDC), crypto asset manager Grayscale observed in a post on its website, as the current frontrunners in both political parties have expressed their support for it. Neither seems to like Bitcoin.Joe Biden
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Six major asset managers, including Grayscale and VanEck, have filed fresh applications in a bid to launch Ether (ETH) futures exchange-traded funds (ETF) to United States customers.Separate filings submitted to the U.S. Securities and Exchange Commission reviewed by Cointelegraph outline respective applications from the likes of Grayscale, VanEck, Bitwise, Volatility Shares, ProShares
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Crypto fund manager Grayscale urges SEC to approve all proposed spot Bitcoin ETFs simultaneously, emphasizing fairness and impartiality in the regulation process. Chief Legal Officer at Grayscale, Craig Salm, shared a blog post on July 27. He emphasized that
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Bitcoin could reach $300,000 by 2028, said Mark Yusko, Morgan Creek Capital Management founder and CEO, on CryptoX TV’s First Mover. Yusko made the prediction while comparing bitcoin to gold. Gold is not portable or divisible, whereas bitcoin is, the CEO of the $1.6 billion asset management firm explained. "Bitcoin
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Crypto fund manager Grayscale is urging the Securities and Exchange Commission (SEC) to approve all proposed spot Bitcoin (BTC) exchange-traded funds (ETFs) at the same time to avoid one having an advantage.A July 27 post by Grayscale chief legal officer Craig Salm said its legal team submitted a letter regarding
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Digital currency investment product, Grayscale Bitcoin Trust (GBTC), was one of the best performers at Cathie Wood’s ARK Invest in the second quarter of 2023.According to ARK’s latest quarterly ETF report published on July 19, GBTC was one of the top contributors to the success of its ARK Next Generation
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There are few questions in crypto hotter at the moment than whether or not U.S. regulators will finally allow for the creation of ETFs that hold bitcoin (as opposed to the current landscape where the closest thing regulators have allowed are ETFs that hold bitcoin futures contracts). Traditional finance giant
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Grayscale Investments has reached an agreement with New York-based investment firm Fir Tree Capital Management over its Bitcoin Trust.According to a July 11 announcement from Fir Tree, Grayscale agreed to provide additional documentation related to its Bitcoin Trust (GBTC) after the firm filed a lawsuit in December 2022. The complaint
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Grayscale Investments has called out the SEC for approving Bitcoin futures ETFs over spot Bitcoin ETFsThe DCG subsidiary recently penned a letter to a Columbia court to highlight the SEC’s unequal treatment of BTC-based ETFs. Grayscale’s letter came more than a year after it sued the SEC for denying its spot
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