Grayscale Unveils Avalanche Trust, AVAX Soars 10%
Grayscale launches Avalanche Trust, a single-asset crypto investment trust, prompting AVAX to rise 10% today. Grayscale Investment, a leading crypto asset manager, has unveiled an investment trust for Avalanche. Following this announcement, AVAX’s price surged by nearly 10%, signaling a positive shift in investor sentiment. This development also underscores the asset manager’s commitment to broadening its […]
Morgan Stanley Discloses Grayscale and Ark Bitcoin ETF Holdings in Latest SEC Filing
In the most recent US SEC filing, Morgan Stanley discloses its initial holdings in Ark Bitcoin ETFs (ARKB) and Grayscale Bitcoin Trust (GBTC). Morgan Stanley has unveiled its initial investments in Grayscale Bitcoin ETF (GBTC) and ARK 21Shares Bitcoin ETF (ARKB). These disclosures follow the investment bank’s recent announcement of substantial holdings in BlackRock iShares […]
BlackRock Bitcoin, Ether ETFs Surpass Grayscale in AUM
BlackRock’s funds now hold a combined $21.22 billion, slightly more than Grayscale’s $21.20 billion. For the very first time in history, the Bitcoin and Ethereum exchange-traded funds (ETFs) offered by BlackRock have now overtaken the ETF offerings provided by Grayscale in terms of assets under management (AUM). BlackRock’s IBIT and ETHA have seen substantial inflows […]
Grayscale Introduces MakerDAO Trust, MKR Price Rises 5%
Crypto asset manager Grayscale has established a MakerDAO Trust, which provides investors with the opportunity to acquire exposure to MKR. Grayscale, a digital asset management firm, has announced the launch of its MakerDAO Trust, a new single-asset cryptocurrency investment fund available through private placement. This follows the company’s previous introductions of similar crypto-based trusts to […]
Grayscale Shows Increased Optimism for Bitcoin and Ethereum
Grayscale Research expects Bitcoin to reach its all-time high and other crypto assets to rise if the US economy avoids a recession. Grayscale, an asset management firm, has forecasted positive growth for Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies driven by macroeconomic factors. While assets saw a decline last month compared to first-quarter numbers, the […]