A Fake Grayscale (GBTC) Account Shows the Perils of Elon Musk’s X

[ad_1] Before Elon Musk bought Twitter and renamed it X, a blue checkmark – like the one emblazoned on @Grayscale_FND’s account – was a sign the account was verified, that some measure of thought and vetting had occurred before the account got that label. Now, it means the account owner can afford $8 a month, […]

Continue Reading

Ether (ETH) ETF Push Narrows Discount on Grayscale’s ETHE to Slimmest in a Year

[ad_1] “The market is weighing higher odds that Grayscale will be able to convert its ETHE product into an ETF following the push from traditional finance giants into the space,” Lucas Outumuro, head of research at crypto analytics firm IntoTheBlock, noted in a report. [ad_2]

Continue Reading

How Everyone Can Win From the Grayscale Bitcoin ETF Decision, Including the SEC

[ad_1] Should the SEC wish to challenge the federal judge’s conclusions in the Grayscale decision, the company’s application could simply be denied again for a different (or even an analogous) reason. That course of action becomes problematic quickly. The last thing any lawyer wants to do is upset a federal judge. That is a terrible idea, if […]

Continue Reading

Grayscale Bitcoin Trust (GBTC) Discount Narrows to Lowest Since May 2022

[ad_1] While optimism for SEC approval of a spot bitcoin ETF is running high at the moment, continued investor caution could be warranted. “I had a really good laugh when we saw the BlackRock [spot bitcoin ETF] filing come out,” said Opimas CEO and founder Octavio Marenzi, appearing on CoinDesk TV Monday morning. He took […]

Continue Reading