Mike Novogratz “SEC did not protect consumers by allowing GBTC instead of ETF”
Mike Novogratz, CEO of Galaxy Digital, a US cryptocurrency asset manager, hopes to launch a bitcoin ETF, and says the SEC “didn’t protect consumers” by allowing GBTC instead of a true ETF. This was reported by Decrypt on the 8th (local time). Galaxy Digital is one of several financial companies aiming to launch a Bitcoin …. Read More
OKLink Data Unlocks GBTC Worth 15,967 BTC
The Ostrich Blockchain citing OKLink data is on the 12th (local time), and the Grayscale Bitcoin Investment Trust (GBTC) this week lifted the limit on selling GBTC worth 15,967 BTC, and the GBTC released on April 12th and 13th. The value amounts to 7046.49 BTC and 8,597.75 BTC. After unlocking, GBTC can enter OTCQX (over-the-counter …. Read More
Grayscale crisis: GBTC premium “good days” are gone forever?
For the first long-term negative premium in the six years since its founding, what happened to the Grayscale Bitcoin Trust Fund GBTC? Is it possible that the premium will reappear in the future? Content overview *In February of this year, the first discount transaction in the history of Grayscale Bitcoin Trust Fund; *There are two …. Read More
Bloomberg Analyst “Grayscale’s GBTC outpaced Tesla by 50% this year”
Bloomberg’s leading analyst Mike McGlon shared that GBTC is far ahead of Tesla this year as the odds of the Bitcoin ETF rise. This was reported by YouTube on the 27th (local time). It also shows the reason why Bitcoin, the representative cryptocurrency, is becoming a global digital asset. [Grayscale Bitcoin Investment Trust is surpassing …. Read More
Bitcoin ETF is about to emerge. Is the gray-scale GBTC glorious no longer?
For many crypto investors, in the past seven years, Grayscale Bitcoin Trust (GBTC) is almost the only financial instrument that can benefit from it without actually buying and selling cryptocurrencies. From some perspectives, it relied on policies and first-hand advantages in the market to achieve an oligopoly of Bitcoin investment tools. According to its financial …. Read More