2023-10-20 20:27 |
Analysts are speculating over whether the lawsuit might have any implications for its GBTC conversion chances. origin »
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On August 29, 2023, the Court of Appeals for the DC Circuit delivered a groundbreaking decision, unanimously overturning the Securities and Exchange Commission’s (SEC) June 2022 denial of Grayscale Bitcoin Trust’s (GBTC) conversion to a spot bitcoin Exchange-Traded Fund (ETF).
2023-9-6 09:04 | |
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The SEC was last week ordered to review its prior rejection of the conversion of the Grayscale Bitcoin Trust (GBTC), though not necessarily to approve it.
2023-9-6 23:57 | |
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After a short-lived rally above $28,000 this week following Grayscale’s landmark court case victory against the US Securities and Exchange Commission (SEC) over the conversion of GBTC into a spot ETF, the price of BTC has once again settled around the $26,000 mark.
2023-9-1 15:00 | |
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The crypto community is certainly optimistic after the Grayscale victory over the SEC. The court’s ruling that the SEC had exceeded its authority by blocking the conversion of Grayscale’s Bitcoin Trust (GBTC) into an ETF has been seen as a major step forward for the legitimization of cryptocurrencies. Will The SEC Appeal? It is still […]
2023-8-30 10:29 | |
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The possibility the SEC will approve the conversion of GBTC into an ETF is playing a role in the discount narrowing, according to analysts.
2023-7-20 22:28 | |
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The three judge panel appeared skeptical of the SEC’s reasoning for denying conversion of the trust to an ETF.
2023-3-8 23:05 | |
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Grayscale and the United States Securities and Exchange Commission will soon have their oral arguments heard in court regarding the conversion of Grayscale Bitcoin Trust into an exchange-traded fund, according to a court filing dated January 23.
2023-1-25 01:27 | |
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Grayscale Investments’ CEO Michael Sonnenshein announced that the company might consider “a tender offer” for GBTC if it will not be able to convert its trust to an ETF. In his end-of-year letter to investors, Sonnenshein suggested that “such tender…
2022-12-20 20:52 | |
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The Grayscale Bitcoin Trust is considering a tender offer that would aim to return investor capital if the SEC keeps blocking its conversion to a spot ETF.
2022-12-20 20:15 | |
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The proposed offer would require both SEC relief and shareholders’ approval.
2022-12-19 18:38 | |
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Grayscale Investment CEO Michael Sonnenshein has informed GBTC shareholders that the firm could offer to buy back up to 20% of the outstanding shares worth approximately $10. 7 billion, The Wall Stree Journal reported December 19.
2022-12-19 18:30 | |
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The SEC is holding firm that its decision to reject Grayscale's bitcoin ETF bid was proper.
2022-12-13 00:44 | |
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Grayscale’s bitcoin trust (GBTC) which started trading at a discount in February 2021 has reached an all-time low of -36% when compared to the spot BTC price of $19,000. The post Research: Grayscale’s GBTC drops to all-time low of $12.
2022-10-5 19:23 | |
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Coinbase sent a letter to SEC arguing that treating spot Bitcoin ETPs differently from futures-based ETPs can “undermine confidence” in the agency. The post Coinbase Urges SEC to Approve Grayscale Bitcoin Trust’s (GBTC) Conversion to An ETF first appeared on BitcoinExchangeGuide.
2021-12-16 21:58 | |
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Grayscale is making serious efforts to convert its GBTC Bitcoin Trust into a physically-settled bitcoin exchange-traded fund (ETF), according to a tweet on October 17, 2021. Grayscale Converts GBTC to Real Bitcoin ETF As the U.
2021-10-19 21:00 | |
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Grayscale says engaging BNY Mellon is an “important milestone" as part of our commitment to converting GBTC into an ETF; however, many feel a Bitcoin ETF might not be coming soon. The post Grayscale Takes Another Step Towards GBTC’s Conversion into a Bitcoin ETF, Partners with the World’s Largest Custodian first appeared on BitcoinExchangeGuide.
2021-7-13 18:23 | |
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Grayscale, one of the largest cryptocurrency fund managers, has declared it is trying to morph the bitcoin trust GBTC into an exchange-traded fund (ETF) to solve its price woes. The exchange rate is now at a 20% price discount compared to its bitcoin holdings, a fact that has many worried about the overall sustainability of […]
2021-5-16 06:30 | |
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On conversion of GBTC into an ETF, the holders of GBTC shares won’t need to take any action, and the management fee, currently at 2%, will be reduced. Meanwhile, the world’s first Bitcoin ETF (BTCC) holds 16,462 BTC without a single outflow since its debut.
2021-4-6 19:12 | |
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Small wallet addresses holding under 100 XRP have surged by 11. 6% in just two months. Technical analysis revealed a pattern similar to 2017's breakout but at double the scale. The cryptocuThe post Breaking down impact of 11.
Сообщение Tether Sets Record: Net Profit Reaches $13 Billion in 2024 появились сначала на Coinstelegram.
Ethereum’s February performance may follow historical bullish trends, but risks are emerging MVRV decline pointed to potential selling pressure, requiring close monitoring for future price moThe post Ethereum's February prediction - Why traders should watch out for MVRV's dip appeared first on AMBCrypto.
Сообщение EU Must Embrace Bitcoin, Says Binance Founder CZ появились сначала на Coinstelegram.
Pi Network recently issued a crucial warning to its users. The developers urged all community members to rely solely on the official Pi Safety Center for communication channels and links to Pi applications and wallets.
XRPL has introduced AMM pools for Ripple's USD (RLUSD) XRPL AMMClawback enhances the layer-1 network by eliminating traditional order blocks XRPL AMMClawback upgrade goes live After months The post XRPL AMMClawback upgrade goes live - Effect on XRP's price will be... appeared first on AMBCrypto.
As Bitcoin (BTC) continues to dominate the crypto market, Solana (SOL) surges with record-breaking DeFi growth. Meanwhile, Ripple’s XRP faces fresh legal scrutiny and Cardano (ADA) rolls out key network upgrades.