Cathie Wood’s ARK Invest adds more Bitcoin exposure as GBTC, Coinbase stock hit new lows
ARK Invest scoops up bargains as Coinbase shares hit all-time lows and GBTC trades at a near-50% discount to the already suppressed Bitcoin spot price.
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GBTC next BTC price black swan? — 5 things to know in Bitcoin this week
Bitcoin price rumors abound as GBTC comes in for a dose of cold feet thanks to FTX.
GBTC Bitcoin discount nears 50% on FTX woes as investors stock up
GBTC shares keep getting cheaper versus Bitcoin — an ideal reason to buy for ARK Invest and Lawrence Lepard.
GBTC Manager Insists the ‘Holdings of Grayscale’s Digital Asset Products Are Safe and Secure’
On Nov. 18, 2022, at 5:47 p.m. (ET), Grayscale Investments’ official Twitter account shared information on the safety and security associated with Grayscale’s digital asset products. The update from Grayscale…
Grayscale cites security concerns for withholding on-chain proof of reserves
Grayscale shared a letter from Coinbase Custody attesting that each of Grayscale’s crypto products is fully backed, but stopped short of providing the wallet addresses.
Bitcoin price dips to $16.4K over Genesis woes as execs defend GBTC
The latest casualty of the FTX meltdown raises concerns over the Grayscale Bitcoin Trust institutional investment fund.
Bitcoin derivatives data reflects traders’ mixed feelings below $17,000
Derivatives data shows increased demand for margin longs, contradicting traders’ perception that further downside is in store for Bitcoin.
Grayscale Bitcoin Trust closes with 41% premium lost amid FTX meltdown
On Nov. 9, the GBTC closed at a record discount of 41% with a one-share price standing at $8.76.
Grayscale BTC Trust trades at a record 36.7% discount, but is it justified?
Grayscale’s BTC trust trades at a 36.7% discount to their actual BTC holdings, and it’s possible that more than just the market-wide downtrend stands as the reason for the spread.
Grayscale Bitcoin Trust terminates material agreements with Genesis
Genesis will no longer be involved in GBTC's main operations, but will still act as a liquidity provider.