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Grayscale Bitcoin Trust’s ‘GBTC Discount’ Narrows With ETF Decision on Horizon

Grayscale (whose parent company Digital Currency Group also owns CryptoX) has applied to convert the GBTC into an exchange-traded fund, or ETF. And for months, some traders have been monitoring the discount as a proxy for the likelihood of winning approval. According to the market logic, the GBTC would trade

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Robinhood Lists Grayscale’s Bitcoin and Ethereum Trusts – Bitcoin News

On May 6, the financial services company Robinhood announced the firm has listed Grayscale’s Bitcoin Trust (GBTC) and Ethereum Trust (ETHE). Robinhood customers can now gain access the crypto investment products in order to get exposure to bitcoin or ethereum without actually owning the digital currencies. In Addition to Cryptos, Robinhood

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Grayscale confirms Bitcoin ETF plans and adds exposure to Zcash, Stellar Lumens and Horizen to its trusts

Institutional asset manager Grayscale has announced it will be converting its GBTC Trust into an exchange-traded fund (ETF) once the United States Securities and Exchange Commission (SEC) has “comfort” with recently-approved Bitcoin futures ETFs.In a Monday Twitter thread, Grayscale communications director Jennifer Rosenthal said the asset manager would proceed with

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Cambrian Says Its New Bitcoin, Ethereum Trusts Will Cut Through Volatility

Quantitative crypto hedge fund Cambrian Asset Management said its two new actively managed trusts, one trading Bitcoin and one trading Ethereum, will manage downside risk.The $200 million fund said in a press release on Wednesday that its management strategy will “manage downside risks and maintain substantial upside potential while seeking

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Grayscale’s BCH, LTC, ETC Trusts Now One Step Closer to Becoming ETFs – Bitcoin News

On Friday, Grayscale Investments, the world’s largest digital currency asset manager in terms of assets under management (AUM), revealed that three trusts have been filed with the Securities and Exchange Commission (SEC) in order to become SEC reporting companies. The three trusts include individual crypto asset products such as the

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Grayscale Moves to List Bitcoin Cash and Litecoin Trusts for OTC Traders

Grayscale Investments has announced that its digital asset funds Bitcoin Cash Trust and Litecoin Trust have cleared a regulatory hurdle in their march to begin being quoted on over-the-counter markets. Nikhilesh De contributed reporting DisclosureThe leader in blockchain news, CryptoX is a media outlet that strives for the highest journalistic standards and

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