Horizon Kinetics advises using crypto to offset currency depreciation
According to Horizon Kinetics, a Contrarian investment organisation, cryptocurrency and land are the greatest assets to hold against currency depreciation. When it comes to investing in the cryptocurrency market , the contrarian investment firm Horizon Kinetics advises investors to seek exposure to the asset class as global economic issues worsen. The Financial Times quoted Horizon’s […]
Bitcoin is few points away from being an ETF in the US – Grayscale’s CEO
Grayscale CEO, Michael Sonnenshein is optimistic about Bitcoin ETF’s future in the US. He has commented saying that Bitcoin is just a “couple of points of maturation” away from getting an approved ETF in the U.S Only a “few maturity points” separate the United States from its first Bitcoin (BTC) exchange-traded fund , according to the CEO […]
Grayscale announces its first DeFi fund
Grayscale Investments has set sail into the decentralized finance space, with the launch of its DeFi fund, this is apparently its debut in the increasing world of DeFi. Grayscale, the world’s largest crypto asset manager, is expanding its crypto product offering with the launch of its new Defi Fund, which is the firm’s first of […]
BNY Mellon becomes Grayscale’s Bitcoin trust service provider
Grayscale, the world’s largest digital asset management, has named BNY Mellon, the oldest custodial bank, as its ETF service provider. BNY Mellon would serve as the asset servicing provider for GBTC, providing fund accounting and administration until the ETF is converted. The duration of service would begin on October 1st, 2021. We have selected @BNYMellon […]
SEC Approves Grayscale’s Digital Large Cap Fund
American digital asset giant, Grayscale has received SEC approval for its Digital Large Cap Fund now making it an SEC-registered entity. Grayscale has received its first SEC approval outside of Bitcoin and Ethereum. The approval was received today, according to the world’s largest digital asset manager. Prior to this update, only Bitcoin and Ethereum trust […]