Michael Sonnhenshein – CEO of the world’s largest Bitcoin ETF, Grayscale – has stepped down from his position, according to a company press release on Monday. The report said that Sonnhenshein will be replaced by Peter Mintzberg, who currently serves as the global head of strategy of Goldman Sachs’ Wealth Management Division. Mintzberg will assume […]
Grayscale CEO Michael Sonnhenshein Steps Down Read More »
Last updated: March 30, 2024 10:37 EDT | 2 min read Grayscale, a prominent digital asset management firm, has unveiled plans to launch a “dynamic income fund” dubbed GDIF, focused on investing in proof-of-stake tokens for millionaire investors. Grayscale Launches GDIF, an Actively Managed Fund for Accredited Investors Grayscale Dynamic Income Fund $GDIF is our
Grayscale Launches Proof-of-Stake Investment Fund for Accredited Millionaires Read More »
Last updated: March 12, 2024 18:45 EDT | 2 min read Source: DALL·ECrypto management firm Grayscale has hatched a plan to stop its rapidly accelerating asset bleed – and it involves launching a brand new Bitcoin spot ETF. The Grayscale Bitcoin Mini Trust (BTC) – as filed for with the SEC on Tuesday – will
Grayscale Files For ‘Mini’ Bitcoin Spot ETF To Stop GBTC Bleed Read More »
Since the introduction of spot Bitcoin ETFs earlier this year, GBTC has experienced substantial outflows, resulting in its AUM (Assets Under Management) decreasing to $23.7 billion as of Thursday. While Grayscale has maintained its leading position among its competitors, its market share appears to be dwindling. Receding GBTC Outflows Between January 11-21, the Grayscale Bitcoin
Grayscale Bitcoin Trust’s (GBTC) Market Share Drops to 30%: Kaiko Read More »
Last updated: February 12, 2024 16:38 EST | 2 min read Image by Jimmy Aki, MidjourneyOn February 12, Digital Currency Group (DCG) and Grayscale raised objections to bankrupt lender Genesis’ plan to sell off its assets. This includes shares in Grayscale’s Bitcoin Trust (GBTC), Grayscale Ethereum Trust (ETHE), and Grayscale Ethereum Classic Trust (ETCG), amounting
Grayscale and DCG Object to Genesis’ $1.6B Trust Shares Liquidation Plan Read More »
In a surprising turn of events, Barry Silbert, the founder and CEO of Digital Currency Group (DCG) – the parent company of Grayscale – has resigned from the asset manager’s board of directors. Silbert, a key figure in the cryptocurrency industry, has played a crucial role in shaping the growth of Grayscale Investments. His departure
Grayscale Leadership Shuffle: Barry Silbert, Mark Murphy Resign Read More »
Grayscale has submitted a fresh application to the Securities and Exchange Commission (SEC), aiming to establish one of the first spot Bitcoin exchange-traded funds (ETFs) in the United States through its Grayscale Bitcoin Trust. The filing revealed that Grayscale intends to list Grayscale Bitcoin Trust shares on the New York Stock Exchange (NYSE) Arca. Issuers
Grayscale Files for Fresh Spot Bitcoin ETF on NYSE Arca Read More »
