Grayscale

Bitcoin Price Can Hit $120,000 But Traders Pour $500,000 into Bitcoin ETF Token For 10x Explosion at Launch

Retrieved on: 
Monday, November 13, 2023

Bitcoin to $50,000 by year-end, Bitcoin ETF Token is the best way to play the ETF upside, raises $500k

Key Points: 
  • Bitcoin to $50,000 by year-end, Bitcoin ETF Token is the best way to play the ETF upside, raises $500k
    With the FOMO building, the new Bitcoin ETF Token, in presale now, has raised $504,000 as traders increasingly see it as one of the best ways to gain exposure to the upside from the spot Bitcoin ETF theme.
  • There is no time to lose to buy the Bitcoin ETF Token, given the positive vibe in the market regarding ETF approvals and the halving bull cycle.
  • It also means that Bitcoin ETF-themed crypto assets such as Bitcoin ETF Token will continue to be the recipient of a fast-growing pot of trader and investor funds.
  • Bitcoin ETF Token is deflationary – it has a price-supporting burn mechanism because it reduces the total token supply.

Bitcoin Price Can Hit $120,000 But Traders Pour $500,000 into Bitcoin ETF Token For 10x Explosion at Launch

Retrieved on: 
Monday, November 13, 2023

Bitcoin to $50,000 by year-end, Bitcoin ETF Token is the best way to play the ETF upside, raises $500k

Key Points: 
  • Bitcoin to $50,000 by year-end, Bitcoin ETF Token is the best way to play the ETF upside, raises $500k
    With the FOMO building, the new Bitcoin ETF Token, in presale now, has raised $504,000 as traders increasingly see it as one of the best ways to gain exposure to the upside from the spot Bitcoin ETF theme.
  • There is no time to lose to buy the Bitcoin ETF Token, given the positive vibe in the market regarding ETF approvals and the halving bull cycle.
  • It also means that Bitcoin ETF-themed crypto assets such as Bitcoin ETF Token will continue to be the recipient of a fast-growing pot of trader and investor funds.
  • Bitcoin ETF Token is deflationary – it has a price-supporting burn mechanism because it reduces the total token supply.

Bitcoin Price Hits $37,000 While Bitcoin ETF Token Smashes $150,000 as High-Profit Alternative

Retrieved on: 
Thursday, November 9, 2023

The Bitcoin ETF Token links its valuation to the progress of the spot Bitcoin ETF US Securities and Exchange Commission (SEC) approval process, for which a minimum eight-day window opened on Thursday.

Key Points: 
  • The Bitcoin ETF Token links its valuation to the progress of the spot Bitcoin ETF US Securities and Exchange Commission (SEC) approval process, for which a minimum eight-day window opened on Thursday.
  • Bitcoin ETF Token is also a lower-risk, higher-reward proposition, making it attractive to hot money speculative traders and longer-term investors.
  • The story doesn't end there – Bitcoin ETF Token also has a deflationary burn mechanism that is price-supportive because it reduces the total token supply.
  • The $BTCETF token is probably one of the smartest and cheapest ways to capture the alpha returns promised by the launch of a spot Bitcoin ETF.

Bitcoin Price Hits $37,000 While Bitcoin ETF Token Smashes $150,000 as High-Profit Alternative

Retrieved on: 
Thursday, November 9, 2023

The Bitcoin ETF Token links its valuation to the progress of the spot Bitcoin ETF US Securities and Exchange Commission (SEC) approval process, for which a minimum eight-day window opened on Thursday.

Key Points: 
  • The Bitcoin ETF Token links its valuation to the progress of the spot Bitcoin ETF US Securities and Exchange Commission (SEC) approval process, for which a minimum eight-day window opened on Thursday.
  • Bitcoin ETF Token is also a lower-risk, higher-reward proposition, making it attractive to hot money speculative traders and longer-term investors.
  • The story doesn't end there – Bitcoin ETF Token also has a deflationary burn mechanism that is price-supportive because it reduces the total token supply.
  • The $BTCETF token is probably one of the smartest and cheapest ways to capture the alpha returns promised by the launch of a spot Bitcoin ETF.

Grayscale Investments® Unveils Grayscale® Crypto Sectors and Launches New Partnership with FTSE Russell to Introduce Crypto Sector Index Series

Retrieved on: 
Tuesday, October 24, 2023

STAMFORD, Conn., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world’s largest crypto asset manager, today launched Grayscale® Crypto Sectors, a new framework designed to set the standard for organizing the crypto asset class, and announced a new partnership with FTSE Russell, an LSEG business and a leading global index provider, to introduce the FTSE Grayscale® Crypto Sector Index Series (“Crypto Sector Indices”), a comprehensive set of five distinct, rules-based indices capturing the investable crypto market of Grayscale Crypto Sectors.

Key Points: 
  • New framework organizes the broader crypto market into five distinct sectors, designed to help investors understand Grayscale’s specialized view of the asset class
    STAMFORD, Conn., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Grayscale Investments ®, the world’s largest crypto asset manager, today launched Grayscale® Crypto Sectors, a new framework designed to set the standard for organizing the crypto asset class, and announced a new partnership with FTSE Russell , an LSEG business and a leading global index provider, to introduce the FTSE Grayscale® Crypto Sector Index Series (“Crypto Sector Indices”), a comprehensive set of five distinct, rules-based indices capturing the investable crypto market of Grayscale Crypto Sectors.
  • FTSE Grayscale® Financials Crypto Sector Index, which includes crypto assets that seek to deliver financial transactions and services.
  • FTSE Grayscale® Consumer & Culture Crypto Sector Index, which includes crypto assets that support consumption-centric activities across a variety of goods and services.
  • FTSE Grayscale® Utilities & Services Crypto Sector Index, which includes crypto assets that aim to deliver practical and enterprise-level applications and functionalities.

Bitcoin Price Can Reach $1m While Unique BTC Cloud Miner Bitcoin Minetrix Raises $2m And Could 2,000x

Retrieved on: 
Tuesday, October 24, 2023

Meanwhile, tokenized cloud-mining crypto Bitcoin Minetrix raises $2.1 million and could be an even better return on investment.

Key Points: 
  • Meanwhile, tokenized cloud-mining crypto Bitcoin Minetrix raises $2.1 million and could be an even better return on investment.
  • Currently priced in the fractions of a penny, the risk-reward profile of Bitcoin Minetrix trumps Bitcoin.
  • Bitcoin Minetrix is one such, but with the difference that it genuinely adds to the world of possibilities that the Bitcoin ecosystem offers.
  • Cloud mining involves utilizing the services of cloud computing vendors to do the computational-intensive and power-hungry brute-force Bitcoin mining.

Bitcoin Price Can Reach $1m While Unique BTC Cloud Miner Bitcoin Minetrix Raises $2m And Could 2,000x

Retrieved on: 
Tuesday, October 24, 2023

Meanwhile, tokenized cloud-mining crypto Bitcoin Minetrix raises $2.1 million and could be an even better return on investment.

Key Points: 
  • Meanwhile, tokenized cloud-mining crypto Bitcoin Minetrix raises $2.1 million and could be an even better return on investment.
  • Currently priced in the fractions of a penny, the risk-reward profile of Bitcoin Minetrix trumps Bitcoin.
  • Bitcoin Minetrix is one such, but with the difference that it genuinely adds to the world of possibilities that the Bitcoin ecosystem offers.
  • Cloud mining involves utilizing the services of cloud computing vendors to do the computational-intensive and power-hungry brute-force Bitcoin mining.

NYSE Arca Files Form 19b-4 to Convert Grayscale® Ethereum Trust to an ETF

Retrieved on: 
Monday, October 2, 2023

STAMFORD, Conn., Oct. 02, 2023 (GLOBE NEWSWIRE) -- Grayscale Investments® , the world’s largest crypto asset manager, today announced that NYSE Arca has filed Form 19b-4 with the Securities and Exchange Commission (SEC) to convert Grayscale Ethereum Trust ( OTCQX: ETHE ) to a spot Ethereum ETF*.

Key Points: 
  • STAMFORD, Conn., Oct. 02, 2023 (GLOBE NEWSWIRE) -- Grayscale Investments® , the world’s largest crypto asset manager, today announced that NYSE Arca has filed Form 19b-4 with the Securities and Exchange Commission (SEC) to convert Grayscale Ethereum Trust ( OTCQX: ETHE ) to a spot Ethereum ETF*.
  • The filing comes on the heels of the SEC’s clearance of the first Ethereum futures ETFs.
  • ETHE launched in March 2019, received a public quotation in May 2019, and voluntarily became an SEC reporting company in October 2020.
  • Today, the Trust is the largest Ether investment vehicle in the world, with assets under management of nearly $5b, representing 2.5% of all Ether in circulation.

Grayscale Investments® Unveils New Brand in Celebration of 10th Anniversary

Retrieved on: 
Monday, September 25, 2023

Since 2013, Grayscale has spearheaded digital asset investing and is proud to have grown GBTC into the world’s largest Bitcoin investment vehicle.

Key Points: 
  • Since 2013, Grayscale has spearheaded digital asset investing and is proud to have grown GBTC into the world’s largest Bitcoin investment vehicle.
  • To honor our heritage and convey our excitement for the next decade, today we are unveiling our new brand,” said Grayscale CEO Michael Sonnenshein.
  • New Brand Colors: Grayscale intentionally selected a unique, more inclusive color palette that represents its increasingly diverse cross-section of investors.
  • Please visit us at the newly redesigned grayscale.com to see Grayscale’s new brand and website.

Grayscale Investments® Announces Abandonment of Rights to Ethereum Proof of Work Tokens

Retrieved on: 
Monday, September 18, 2023

Each Product previously announced that Grayscale Investments, LLC (“Grayscale”) would be appointed as agent on behalf of each Product’s Record Date Shareholders.

Key Points: 
  • Each Product previously announced that Grayscale Investments, LLC (“Grayscale”) would be appointed as agent on behalf of each Product’s Record Date Shareholders.
  • After thorough review, Grayscale has, in consultation with the Products’ service providers, determined that the Products’ custodian does not support the ETHPoW tokens, nor have trading venues with meaningful liquidity developed for the ETHPoW tokens.
  • As such, it is not possible to exercise the rights to acquire and sell the ETHPoW tokens, and on behalf of the Record Date Shareholders, Grayscale is abandoning the rights to these assets.
  • For the avoidance of doubt, Grayscale is acting only in its capacity as agent of the Record Date Shareholders with respect to the foregoing, and not in its capacity as sponsor or manager of the Products.