Grayscale took a strategic step by cutting its proposed fee for its spot Ethereum (CRYPTO: ETH) ETF by a significant 40%, thereby trying to gain an edge over competitors in the imminent asset race.
STAMFORD, Conn., July 19, 2024 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world’s largest crypto asset manager*, offering more than 20 crypto investment products, today announced that it has set a record date of July 30, 2024 (the “Record Date”) for the initial creation and distribution of shares of Grayscale Bitcoin Mini Trust (the “BTC Trust”) to shareholders of Grayscale Bitcoin Trust (Ticker: GBTC) (“GBTC”) (referred to as the “Initial Distribution”). Grayscale intends to list the BTC Trust on NYSE Arca, subject to required regulatory approvals, under the ticker symbol “BTC.” GBTC is not a fund registered under the Investment Company Act of 1940 and is not subject to regulation under the Investment Company Act of 1940, unlike most mutual funds or ETFs.
Matt Hougan, Chief Investment Officer at Bitwise Asset Management, has outlined three key reasons why he believes Ethereum (CRYPTO: ETH) will reach a new all-time high following the launch of spot
STAMFORD, Conn., July 17, 2024 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world’s largest crypto asset manager*, offering more than 20 crypto investment products, previously announced that it has set a record date of July 18, 2024 (the “Record Date”) for the initial creation and distribution of shares of Grayscale Ethereum Mini Trust (the “ETH Trust”) to shareholders of Grayscale Ethereum Trust (Ticker: ETHE) (“ETHE”) (referred to as the “Initial Distribution”). Grayscale intends to list the ETH Trust on NYSE Arca, subject to required regulatory approvals, under the ticker symbol “ETH.” See that press release here.
STAMFORD, Conn., July 08, 2024 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world’s largest crypto asset manager*, offering more than 20 crypto investment products, today announced that it has set a record date of July 18, 2024 (the “Record Date”) for the initial creation and distribution of shares of Grayscale Ethereum Mini Trust (the “ETH Trust”) to shareholders of Grayscale Ethereum Trust (Ticker: ETHE) (“ETHE”) (referred to as the “Initial Distribution”). Grayscale intends to list the ETH Trust on NYSE Arca, subject to required regulatory approvals, under the ticker symbol “ETH.”
The cryptocurrency market continues to show resilience as Bitcoin (CRYPTO: BTC) spot ETFs recorded a net inflow of $11.7997 million on June 27, despite significant outflows
STAMFORD, Conn., July 05, 2024 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world’s largest crypto asset manager*, and manager of Grayscale® Digital Large Cap Fund (OTCQX: GDLC) (Digital Large Cap Fund), Grayscale® DeFi Fund (OTCQB: DEFG) (DeFi Fund), and Grayscale® Smart Contract Platform Ex-Ethereum Fund (GSCPxE Fund), today announced the updated Fund Component weightings for each product in connection with their respective second quarter 2024 reviews.
The cryptocurrency market is bracing for a potential influx of new investment as Ethereum (CRYPTO: ETH) spot exchange-traded funds (ETFs) near trading laun
The long-awaited arrival of spot Ethereum exchange-traded products (ETPs) could trigger a significant inflow of capital, according to Matt Hougan, Chief Investment Officer at Bitwise Asset Management
JPMorgan casts significant doubt on the SEC approving additional cryptocurrency ETFs beyond Ethereum (CRYPTO: ETH), due to concerns over the classification of most
The U.S. SEC has approved eight applications for spot Ethereum ETFs, marking a significant milestone for the cryptocurrency industry. The newly approved ether ETFs will enable investors to gain direct exposure to Ethereum.
Coinbase Research on Friday released a new report suggesting that the odds of approval for a U.S. spot Ethereum ETF are higher than what the current market pricing indicates.
STAMFORD, Conn., April 23, 2024 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world’s largest crypto asset manager, today announced it filed a registration statement on Form S-3 (the “Form S-3”) with the U.S. Securities and Exchange Commission (“SEC”) to register shares of Grayscale Ethereum Trust (OTCQX: ETHE) under the Securities Act of 1933, as amended (the "Securities Act").
