Grayscale Submits Form S-3 as SEC Postpones Decision
Grayscale moves closer to launching a Spot Ethereum ETF, filing Form S-3 to convert its Ethereum Trust, and bridging crypto investments with traditional markets. Grayscale, an industry-leading asset manager in the cryptocurrency sector, has made substantial progress toward establishing a Spot Ethereum ETF. The organization recently submitted Form S-3 to the U.S. Securities and Exchange […]
Grayscale Advocates for Ethereum ETFs, Mirroring Bitcoin’s Path
Grayscale’s Chief Legal Officer Craig Salm reinforces the case for Ethereum ETFs, drawing parallels to the Bitcoin ETF approval process and signaling a strong stance for Ethereum’s future in the investment world. Grayscale’s CLO, Craig Salm, has recently stepped forward to clarify the firm’s position on the approval of Ethereum ETFs amidst debates over the SEC’s […]
Grayscale Moves $183m in BTC Amid ETF Fee Competition
Grayscale Bitcoin Trust sent approximately 4,000 Bitcoins worth $183 million to Coinbase Prime deposit addresses. The most recent statistics from Arkham Intelligence made this clear. The fee structure of Grayscale’s spot Bitcoin ETF, which is 1.5%, is renowned for being very high. However, investors may be considering other options in light of the SEC’s recent […]
Grayscale Files Amended Bitcoin ETF Application
Digital asset fund manager Grayscale has filed an amended application to convert its GBTC product into an ETF. Grayscale Investments changed the name of its Grayscale Bitcoin Trust (GBTC) product to a spot Bitcoin exchange-traded fund (ETF) by submitting an updated S-3 Form to the SEC. ETF specialist James Seyffart claims this is Grayscale’s third […]
SEC Postpones Hashdex, Grayscale Crypto ETFs Approval
The U.S. Securities and Exchange Commission has postponed its decision on the approval of two crypto ETFs, one that invests directly in Bitcoin and one that invests in Ethereum futures contracts. The SEC has set the new deadline to be Jan. 1, 2024. Hashdex, a crypto asset manager, filed to convert its current Bitcoin Futures […]