Opimas LLC CEO and founder Octavio Marenzi discusses whether institutional investors could gain more exposure in bitcoin spot ETFs if approved, as the Grayscale Bitcoin Trust (GBTC) discount to net asset value has fallen to below 35%. Grayscale and CoinDesk are owned by Digital Currency Group (DCG).
A panel of judges appeared skeptical of the SEC s arguments during Tuesday's appeals court hearing in Grayscale's ongoing bid to convert its Grayscale Bitcoin Trust GBTC into an ETF This comes as the GBTC discount to net asset value has narrowed to below 35 its lowest point since Nov 7 according to data from [...]
Gary Gensler has rejected every bitcoin exchange-traded fund application in the name of consumer protection. So why doesn't he listen to what consumers have to say?
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 [...]
The company’s appeal of the Securities and Exchange Commission’s rejection of its bitcoin ETF will be argued in U.S. federal court next week in Washington, D.C.