Search results
Results From The WOW.Com Content Network
"Converting [GBTC to an ETF] would be a windfall for current GBTC holders and immediately bring relief to the overall industry," Sean Farrell, head of digital assets at Fundstrat, told Yahoo Finance.
GBTC - which in January received approval to convert from a trust to an ETF - currently has higher fees than its peers, one of the key factors in drawing investors to rival ETFs, Reuters has reported.
After several delays, the Securities and Exchange Commission has finally made a ruling on the conversion of Grayscale’s Bitcoin Trust that was initially filed in October of 2021, denying the ...
Corporate news. While investors wait for broad economic signs, company news continued to flow. ... Bitcoin was last down 0.25% at $95,576.86. Medora Lee is a money, markets, and personal finance ...
Grayscale was founded in 2013, launching a bitcoin trust that year. [4] In 2015, the company became a subsidiary of Digital Currency Group. [5] The same year, Grayscale Bitcoin Trust (OTCQX: GBTC) began trading over-the-counter on the OTCQX market, becoming the first publicly traded bitcoin fund in the United States.
According to a January 2021 SEC filing, Three Arrows owned almost 39 million units of Grayscale Bitcoin Trust (GBTC) at the end of 2020. [18] The firm invested approximately $200 million in LUNA tokens in February 2022. [4] [19] [20] In April 2022 Bloomberg reported that Three Arrows was planning to move its headquarters to Dubai from Singapore ...
GBTC may refer to: Grayscale Bitcoin Trust; Greater Boston Track Club This page was last edited on 19 January 2024, at 20:20 (UTC). Text is available under the ...
Instead of bringing in fresh capital, spot ETFs are likely to instead draw from capital already invested in Bitcoin-backed vehicles such as the Grayscale Bitcoin Trust (GBTC), Bitcoin futures ETFs ...