Grayscale Bitcoin Trust


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How Bitcoin Responded to Powell's Testimony on Capitol Hill

U.S. Federal Reserve Chair Jerome Powell made a notable change from his Senate testimony on Tuesday, compared to his prepared remarks before the House on Wednesday. The central bank chair said no decision has been made on the size of the coming March rate hike. Arca Head of Research Katie Talati discusses the impact of Powell's remarks on bitcoin (BTC). Plus, her take on the Grayscale Bitcoin Trust (GBTC) discount narrowing and Alameda Research's lawsuit against Grayscale. CoinDesk and Grayscale are owned by Digital Currency Group (DCG).

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Policy

Responsabile legale Grayscale : un ETF spot Bitcoin proteggerà gli investitori e i consumatori statunitensi

Craig Salm analizza cosa succede dopo che un tribunale ha emesso un'ordinanza in merito alla causa contro la SEC e se questo ente regolatore debba essere coinvolto nei prodotti Bitcoin .

(Grayscale Investments Chief Legal Officer Craig Salm/CoinDesk TV)

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Grayscale Chief Legal Officer on Possible Outcomes of Bitcoin ETF Dispute

The Grayscale Bitcoin Trust (GBTC) discount to net asset value (NAV) has narrowed to below 35%, its lowest point since Nov. 7, according to data from TradingView, following what seemed a favorable court hearing on Tuesday for the company. Grayscale Investment Chief Legal Officer Craig Salm reacts and discusses the possible outcomes of the case. CoinDesk and Grayscale are both owned by Digital Currency Group.

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Markets

Lo sconto GBTC si riduce al livello più basso da novembre dopo l'udienza in tribunale

Il collegio di tre giudici si è mostrato scettico circa le motivazioni addotte dalla SEC per negare la conversione del trust in un ETF.

Grayscale ad (Nikhilesh De/CoinDesk)

Opinyon

Una dozzina di motivi per cui la SEC avrebbe dovuto approvare l'ETF Spot Bitcoin di Grayscale

Gary Gensler ha respinto ogni richiesta di ETF Bitcoin in nome della tutela dei consumatori. Allora perché T ascolta cosa hanno da dire i consumatori?

Grayscale's Michael Sonnenshein speaks at Invest: NYC 2019 (CoinDesk)

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Grayscale Bitcoin Trust at Issue in Court

The Grayscale Bitcoin Trust discount to net asset value has fallen to its lowest level in a month, ahead of oral arguments in federal court related to Grayscale's lawsuit against the U.S. Securities and Exchange Commission. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what to expect. Grayscale and CoinDesk are both owned by Digital Currency Group (DCG).

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Markets

First Mover Americas: Grayscale Bitcoin Trust in discussione in tribunale

Le ultime variazioni dei prezzi nei Mercati Cripto nel contesto del 7 marzo 2023.

FTX court filings show millions in lawyers' fees. (slobo/Getty Images)

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GBTC Discount Narrows; Alameda Sues Grayscale and DCG To Allow Redemptions

The Grayscale Bitcoin Trust (GBTC) discount to net asset value has fallen to its lowest level in a month, ahead of oral arguments in federal court on Tuesday related to Grayscale's SEC lawsuit. Meanwhile, FTX sister company Alameda Research has filed a lawsuit against Grayscale Investments seeking injunctive relief to realize over $250 million in asset value for the FTX Debtor’s customers and creditors. DCG is the parent company of CoinDesk and Grayscale.

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Policy

Alameda fa causa a Grayscale e DCG per consentire i riscatti e ridurre le commissioni

La società commerciale fallita chiede un provvedimento ingiuntivo per consentire ai debitori di FTX di realizzare quello che sostiene essere un valore patrimoniale di oltre 250 milioni di dollari.

Grayscale CEO Michael Sonnenshein (CoinDesk)

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Grayscale Exec on GBTC Outlook

Grayscale Investments Chief Legal Officer Craig Salm discusses the Grayscale Bitcoin Trust (GBTC) as its discount continues to hover in the 40% range. Plus, reactions to Valkyrie Investments' offering to manage GBTC and whether Grayscale is considering offers. "Grasycale has zero intentions of removing ourselves as sponsor," Salm said. Digital Currency Group is the parent company of Grayscale and CoinDesk.

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