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Valkyrie Reveals Intention to Sponsor Grayscale’s Bitcoin Trust as GBTC Discount to NAV Widens

Post author:MiamiCrypto
Post published:January 2, 2023
Post category:asset manager Barry Silbert Bitcoin Bitcoin (BTC)DCG shareholder Eric Balchunas fund manager Gemini genesis Grayscale Grayscale's Bitcoin Trust (GBTC)net asset value (NAV)News opportunistic fund redemption Regulation M filing sponsor tennessee Valkyrie Investments Valkyrie Offer

Valkyrie Investments, a Tennessee-based asset manager, has announced its intention to become the new sponsor of Grayscale’s Bitcoin Trust (GBTC). The company states that it is “uniquely qualified” for the…