GBTC

Fir Tree Comments on Grayscale’s End of Year Investor Letter and Non-Committal Talk of a Tender Offer

Retrieved on: 
Wednesday, December 21, 2022
Professional Services, Finance, Bitcoin, Face, Delaware Court, Delaware Court of Chancery, Letter, GBTC, Security (finance), Grayscale

Fir Tree Partners (“Fir Tree” or “we”), a meaningful shareholder of the Grayscale Bitcoin Trust (“GBTC”), today issued the below statement in response to Grayscale Investments’ (“Grayscale” or the “Company”) end of year letter to investors published on December 19, 2022.

Key Points: 
  • Fir Tree Partners (“Fir Tree” or “we”), a meaningful shareholder of the Grayscale Bitcoin Trust (“GBTC”), today issued the below statement in response to Grayscale Investments’ (“Grayscale” or the “Company”) end of year letter to investors published on December 19, 2022.
  • Earlier this month, Fir Tree filed a lawsuit in the Delaware Court of Chancery seeking information from Grayscale on potential mismanagement of and conflicts of interest at GBTC.
  • “Grayscale’s recent letter to investors and accompanying media campaign is unfortunately nothing more than management trying to pay lip-service to the idea that they care about their shareholders.
  • If Grayscale management is serious about protecting shareholders and about this contemplated tender offer, then they should immediately provide details on the pricing, funding source, and design of the tender offer.

EQS-News: OTC Market Group’s Most Active List In November: A Dive Into The Names Experiencing Volume Changes

Retrieved on: 
Sunday, December 18, 2022
Bitcoin, Ethereum, GPO, Woman, Anglo American plc, DIA, OTCQX, SPDR, Federal Reserve, OTC, OTC Markets Group, News, DJA, Hoffmann-La Roche, ASM International, Most, Nasdaq Composite, CWGL, GBTC, CRTD, ETF, OTCQB, PLUS, Federal, Name, Comment, Royal, Zurich Insurance Group, DSM (company), Fidelity, Security (finance), Cryptocurrency, Lithium, Danone

OTC Market Group’s Most Active List In November: A Dive Into The Names Experiencing Volume Changes

Key Points: 
  • OTC Market Group’s Most Active List In November: A Dive Into The Names Experiencing Volume Changes
    The issuer is solely responsible for the content of this announcement.
  • ASM International N.V. (OTCQX: ASMIY) claimed the 17th spot on OTCQX’s Most Active list, experiencing a 98% increase in trading volume.
  • (OTCQX: JBSAY) claimed the 27th spot on OTCQX’s Most Active list, experiencing a 94% increase in trading volume.
  • (OTCQX: BDRBF) claimed the 28th spot on OTCQX’s Most Active list, experiencing a 203% increase in trading volume.

Grayscale® DeFi Fund Now Trading on OTC Markets

Retrieved on: 
Friday, December 9, 2022
Maker, Ethereum, Basic Attention Token, Bitcoin, Bitcoin Cash, Decentraland, Ethereum Classic, Litecoin, Livepeer, Stellar, Bangladesh Securities and Exchange Commission, Movement, COMP, OTC Markets Group, OTCQX, AAVE, Family, Security (finance), Disclosure, DFX, Sale, Decentralized finance, Future Forward Party, Insurance, GBTC, CRV, AVE, CoinDesk, OTCQB, MKR, UNI, Cryptocurrency, Financial adviser, Uniswap, Share (finance), Grayscale

STAMFORD, Conn., Dec. 09, 2022 (GLOBE NEWSWIRE) -- Grayscale Investments® , the world’s largest digital currency asset manager, today announced that Grayscale® Decentralized Finance Fund (DeFi Fund) has begun trading on OTC Markets under the symbol: DEFG.

Key Points: 
  • STAMFORD, Conn., Dec. 09, 2022 (GLOBE NEWSWIRE) -- Grayscale Investments® , the world’s largest digital currency asset manager, today announced that Grayscale® Decentralized Finance Fund (DeFi Fund) has begun trading on OTC Markets under the symbol: DEFG.
  • Grayscale now offers 15 digital currency investment products trading on OTC Markets.
  • DEFG enables investors to gain exposure to the price movement of a diversified basket of DeFi digital assets through a singular investment vehicle.
  • DEFG provides exposure to a diverse selection of digital assets that meet the fund’s construction criteria through a market capitalization-weighted portfolio (Fund Components).

EQS-News: The OTCQB Venture Market Records 4 Months Of Consecutive Volume Increases In OTC Market Group’s Most-Active List In October

Retrieved on: 
Sunday, November 27, 2022
Bitcoin, Ethereum, Helene Curtis Industries, Inc., Organization, Fidelity, OTC Markets Group, Federal Reserve, ETF, Biotechnology, PLUS, OTCQX, DJA, GBTC, GPO, Most, Anglo American plc, OTCQB, DSM (company), SPDR, Nasdaq Composite, DIA, Hoffmann-La Roche, Cryptocurrency, Coffee

The OTCQB Venture Market recorded $739 million in October, an increase over the $642.6 million in trading volume recorded in September.

Key Points: 
  • The OTCQB Venture Market recorded $739 million in October, an increase over the $642.6 million in trading volume recorded in September.
  • In fact, trading volume in the OTCQB Venture Market has increased on a monthly basis since at least July.
  • Like the OTCQX Best Market, the OTCQB Venture Markets top 10 Most Active list for the month saw new entries.
  • Below are the top 10 most actively traded securities on the OTCQX Best Market and OTCQB Venture Market in October.

EQS-News: Most Active On The OTC Markets In September – A Look Back As October Comes To A Close

Retrieved on: 
Friday, October 28, 2022
Ethereum, Bitcoin, Lithium, DIA, Most, SE, Sainsbury's, OTC Markets Group, OTCQB, BASF SE, NASDAQ, Merge, BASF, Fidelity, Anglo American plc, Deutsche Telekom, Imperial Brands, Telekom, SPDR, BASFY, GBTC, ETHE, OTCQX, Hoffmann-La Roche, Nasdaq Composite, Retail, Cryptocurrency, Fine chemical, Danone

OTC Markets Group Inc.s (OTCQX: OTCM) regulated markets experienced a slight increase in total monthly volume, recording $39.5 billion in September compared to $39.3 billion in August.

Key Points: 
  • OTC Markets Group Inc.s (OTCQX: OTCM) regulated markets experienced a slight increase in total monthly volume, recording $39.5 billion in September compared to $39.3 billion in August.
  • The OTCQX Best Market recorded $7.3 billion in trading volume in September, a slight increase over the $6.9 billion traded in August .
  • Like the OTCQX Best Market, the OTCQB Venture Markets top 10 Most Active list for the month saw new entries.
  • Below are the top 10 most actively traded securities on the OTCQX Best Market and OTCQB Venture Market in September.

Grayscale Investments® Files Opening Brief in Lawsuit Against the U.S. Securities and Exchange Commission

Retrieved on: 
Wednesday, October 12, 2022
SEC, Review, Administration, Investment Company Act of 1940, Family, LLC, District, Future Forward Party, Security (finance), ETF, BTC, GBTC, Lovell Minnick Partners, Solicitor General of the United States, GLOBE, List, Munger, Tolles & Olson, Cryptocurrency, Financial adviser, Bitcoin, Grayscale

Solicitor General, and partner at Munger, Tolles & Olson, Donald B. Verrilli, Jr., filed a petition for review to initiate the litigation process.

Key Points: 
  • Solicitor General, and partner at Munger, Tolles & Olson, Donald B. Verrilli, Jr., filed a petition for review to initiate the litigation process.
  • Although Bitcoin may be a relatively new asset, the legal issue here is straightforward, the brief explains.
  • Founded in 2013, Grayscale has a proven track record and deep expertise as the worlds largest digital currency asset manager.
  • Grayscale products are distributed by Grayscale Securities, LLC (Member FINRA/SIPC) or Foreside Fund Services, LLC.

EQS-News: The OTCQX And OTCQB Markets Experience A Shift Over Pink Tiers Following Improved Regulation Standards By The SEC

Retrieved on: 
Thursday, October 6, 2022
Bitcoin, U.S. Securities and Exchange Commission, ATS, SEC, Review, Heineken N.V., Alternative trading system, SEC Rule 144A, Air Canada, OTC Markets Group, GBTC, Awka South, SIPC, FINRA, OTCQX, Advertising, OTC, Environment, BNP Paribas, Disclosure, OTCQB, Adidas, Security (finance), Pink, Rule

The SEC writes , Market makers must have a reasonable basis for believing that the information is accurate and from reliable sources.

Key Points: 
  • The SEC writes , Market makers must have a reasonable basis for believing that the information is accurate and from reliable sources.
  • Based on a 140-day trading period after the enactment date of SEC Rule 15c2-11, OTC Markets Group outlined the following findings:
    Spreads tightened by 3% for upgrades from the Pink to OTCQX and OTCQB tiers.
  • OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities.
  • Our data-driven disclosure standards form the foundation of our three public markets: OTCQX Best Market, OTCQB Venture Market and Pink Open Market.

Simplify Launches Innovative ETF Combining Income Generation With Bitcoin

Retrieved on: 
Friday, September 30, 2022
Technology, Finance, Banking, Professional Services, Digital Cash Management, Digital Assets, Blockchain, Cryptocurrency, Asset Management, Other Professional Services, Income, Fund, GBTC, Risk, MAXI, LLC, Exchange-traded fund, CME, CTA, Investment Company Act of 1940, Government, Investment, CEO, Nasdaq, FIG, Cryptocurrency, NASDAQ, Fraud, SPBC, Prospectus, Failure, Security (finance), Financial adviser, Simplification, Bitcoin, ETF

Simplify Asset Management (Simplify) , an innovative provider of Exchange Traded Funds (ETFs), is today announcing the launch of its newest fund, the Simplify Bitcoin Strategy PLUS Income ETF (NASDAQ: MAXI) .

Key Points: 
  • Simplify Asset Management (Simplify) , an innovative provider of Exchange Traded Funds (ETFs), is today announcing the launch of its newest fund, the Simplify Bitcoin Strategy PLUS Income ETF (NASDAQ: MAXI) .
  • The Fund is the second bitcoin-related offering in the fast-growing Simplify ETF lineup, joining the Simplify US Equity PLUS GBTC ETF (SPBC) , which targets a 100% investment in US equities with a simultaneous 10% exposure to bitcoin via the Grayscale Bitcoin Trust (GBTC).
  • Other recent additions to the Simplify fund family include the Simplify Macro Strategy ETF (FIG) , actively managed by well-known portfolio manager Michael Green; the Simplify Managed Futures Strategy ETF (CTA) ; and the Simplify Interest Rate Hedge ETF (PFIX) , one of the best performing ETFs in any category as of the end of Q3 2022.
  • As a result, any incorrectly executed bitcoin transactions could adversely affect the value of the Fund's investment in Bitcoin futures.

ARK Investment Management LLC Launches the ARK Venture Fund to Make Venture Capital Accessible to All U.S. Individual Investors on the Titan App Available Now

Retrieved on: 
Tuesday, September 27, 2022
Bitcoin, 3D printing, Policy, Investment, U.S. Securities and Exchange Commission, Technology, Research, IRAS, Ark Invest, GBTC, Sound Venture, Sale, Accreditation, Cathie Wood, Person, Broker-dealer, Adviser, Robotics, Prospectus, The, Innovation, Fund, NAV, General Catalyst, Information technology, Partnership, Regulation, Artificial intelligence, Board, Financial technology, Risk, Securities Exchange Act of 1934, Communication, VC, Financial services, Renewable energy, Bank, Financial adviser, Security (finance), Genomics, Titan

ST. PETERSBURG, Fla., Sept. 27, 2022 /PRNewswire/ -- ARK Investment Management LLC ("ARK" or "ARK Invest"), an investment adviser focused solely on investing in disruptive innovation, is pleased to announce the launch of the ARK Venture Fund, a regulated public fund investing in innovative private and public companies that all U.S. investors can access on the Titan app today.

Key Points: 
  • By offering Titan investors exclusive access to the ARK Venture Fund, we're unlocking VC for most investors another step in our mission to democratize investing.
  • U.S. investors can download the Titan app and invest in the ARK Venture Fund today .
  • An investment in the ARK Venture Fund is subject to risks and you can lose money on your investment in the ARK Venture Fund.
  • ARK Investment Management LLC is the investment adviser to the ARK Venture Fund.

DGAP-News: A Quick Look at the OTC Markets' Most-Active Securities In August - Here’s What You Need to Know

Retrieved on: 
Tuesday, September 13, 2022
Ethereum, Bitcoin, Ethereum Classic, Lithium, Imperial Brands, Fannie Mae, Nasdaq Composite, African, NASDAQ, Probability, GBTC, Federal Reserve, Heineken N.V., Most, Ambiguity, SPDR, DIA, Computer, OTCQB, United, OTCQX, OTC Markets Group, FNMA, NLST, Freddie Mac, FMCC, Federal, Fidelity, Zurich Insurance Group, Hoffmann-La Roche, ETHE, Security (finance), Cryptocurrency, Drug, American

The SPDR S&P 500 ETF Trust (NYSEARCA: SPY) declined by 4.08% in August, its fifth month of decline in 2022.

Key Points: 
  • The SPDR S&P 500 ETF Trust (NYSEARCA: SPY) declined by 4.08% in August, its fifth month of decline in 2022.
  • Additionally, two Ethereum-based securities found themselves in improved positions on the OTCQX Best Markets Most Active list.
  • The OTCQX Best Market recorded $7 billion in trades in August, a figure that has been relatively unchanged since July.
  • Below are the top 10 most actively traded securities on the OTCQX Best Market and OTCQB Venture Market in August.