GBTC

Grayscale Investments® Initiates Lawsuit Against the SEC

Retrieved on: 
Thursday, June 30, 2022

“Grayscale supports and believes in the SEC’s mandate to protect investors, maintain fair, orderly, and efficient markets and facilitate capital formation -- and we are deeply disappointed by and vehemently disagree with the SEC's decision to continue to deny spot Bitcoin ETFs from coming to the U.S. market,” said Michael Sonnenshein, Grayscale’s CEO. “Through the ETF application review process, we believe American investors overwhelmingly voiced a desire to see GBTC convert to a spot Bitcoin ETF, which would unlock billions of dollars of investor capital while bringing the world’s largest Bitcoin fund further into the U.S. regulatory perimeter. We will continue to leverage the full resources of the firm to advocate for our investors and the equitable regulatory treatment of Bitcoin investment vehicles.”

Key Points: 
  • NEW YORK, June 29, 2022 (GLOBE NEWSWIRE) -- Grayscale Investments , the worlds largest digital currency asset manager, today announced that its Senior Legal Strategist, former U.S.
  • Since 2013, Grayscale has worked to build the worlds largest Bitcoin investment vehicle: GBTC.
  • Grayscale has voluntarily filed registration statements with the SEC that have increased information available to investors, and subjected these products to increased SEC oversight.
  • Founded in 2013, Grayscale has a proven track record and deep expertise as the worlds largest digital currency asset manager.

DAIM Celebrates its Fourth Year Since Founding

Retrieved on: 
Wednesday, May 25, 2022

What started off as a vision to provide regulated crypto advice and management has grown into a full service firm.

Key Points: 
  • What started off as a vision to provide regulated crypto advice and management has grown into a full service firm.
  • Back in early 2018, regulators were skeptical of digital assets and were hesitant to approve the first of its kind investment advisor specifically for crypto.
  • This service is extremely valuable since DAIM also serves as the fiduciary, which lightens the compliance burden.
  • This summer DAIM will be launching a fund structure to compliment the already successful Model Portfolio.

Five Additional Grayscale Products Now Trading on OTC Markets

Retrieved on: 
Monday, May 16, 2022

NEW YORK, May 16, 2022 (GLOBE NEWSWIRE) -- Grayscale Investments , the worlds largest digital currency asset manager, today announced that Grayscale Basic Attention Token Trust (symbol: GBAT), Grayscale Chainlink Trust (symbol: GLNK), Grayscale Decentraland Trust (symbol: MANA), Grayscale Filecoin Trust (symbol: FILG) and Grayscale Livepeer Trust (symbol: GLIV) have begun trading on OTC Markets.

Key Points: 
  • NEW YORK, May 16, 2022 (GLOBE NEWSWIRE) -- Grayscale Investments , the worlds largest digital currency asset manager, today announced that Grayscale Basic Attention Token Trust (symbol: GBAT), Grayscale Chainlink Trust (symbol: GLNK), Grayscale Decentraland Trust (symbol: MANA), Grayscale Filecoin Trust (symbol: FILG) and Grayscale Livepeer Trust (symbol: GLIV) have begun trading on OTC Markets.
  • Grayscale now offers 14 digital currency investment products trading on OTC Markets.
  • Grayscale Basic Attention Token Trust (GBAT), Grayscale Chainlink Trust (GLNK), Grayscale Decentraland Trust (MANA), Grayscale Filecoin Trust (FILG) and Grayscale Livepeer Trust (GLIV) have each offered a private placement to accredited investors since March 2021.
  • Grayscale Bitcoin Trust ( OTCQX: GBTC ), Grayscale Bitcoin Cash Trust ( OTCQX: BCHG ), Grayscale Ethereum Trust ( OTCQX: ETHE ), Grayscale Ethereum Classic Trust ( OTCQX: ETCG ), Grayscale Horizen Trust ( OTCQX: HZEN ), Grayscale Litecoin Trust ( OTCQX: LTCN ), Grayscale Stellar Lumens Trust ( OTCQX: GXLM ), Grayscale Zcash Trust ( OTCQX: ZCSH ) and Grayscale Digital Large Cap Fund ( OTCQX: GDLC ) are also publicly-quoted and available to all investors with access to U.S. securities.

Digital Currency Group Announces $250 Million Share Repurchase Program for Grayscale® Litecoin Trust (OTCQX: LTCN), Grayscale® Horizen Trust (OTCQX: HZEN), Grayscale® Zcash Trust (OTCQX: ZCSH), and other Grayscale Products

Retrieved on: 
Wednesday, March 2, 2022

The actual timing, amount and value of share purchases will depend entirely upon a number of factors, including the levels of cash available, price, and prevailing market conditions.

Key Points: 
  • The actual timing, amount and value of share purchases will depend entirely upon a number of factors, including the levels of cash available, price, and prevailing market conditions.
  • Grayscale enables investors to access the digital economy through a family of secure, compliant, and future-forward investment products.
  • Founded in 2013, Grayscale has a proven track record and unrivaled expertise as the worlds largest digital currency asset manager.
  • Grayscale products are distributed by Genesis Global Trading, Inc. (Member FINRA/SIPC, MSRB Registered) or Foreside Fund Services, LLC.

Grayscale Investments® Launches Campaign to Encourage American Investors to Advocate for a Spot Bitcoin ETF

Retrieved on: 
Tuesday, February 22, 2022

To date, the SEC has only permitted Bitcoin Futures ETFs, while continuously rejecting Spot Bitcoin ETFs.

Key Points: 
  • To date, the SEC has only permitted Bitcoin Futures ETFs, while continuously rejecting Spot Bitcoin ETFs.
  • American investors should have a choice in how to obtain Bitcoin exposure, said Grayscale CEO Michael Sonnenshein.
  • Every day I hear from investors who are patiently waiting for the familiarity and protections of a Spot Bitcoin ETF.
  • Grayscale has set up a dedicated campaign page to educate and inspire American investors to take action.

OTC Markets Group Announces the 2022 OTCQX Best 50

Retrieved on: 
Monday, January 24, 2022

NEW YORK, Jan. 24, 2022 (GLOBE NEWSWIRE) -- OTC Markets Group Inc.Markets Group Inc. (OTCQX: OTCM), operator of the OTCQX, OTCQB and Pink financial markets for over 11,000 U.S. and global securities, today announced the 2022 OTCQX Best 50, a ranking of the top-performing OTCQX companies in the prior calendar year.

Key Points: 
  • NEW YORK, Jan. 24, 2022 (GLOBE NEWSWIRE) -- OTC Markets Group Inc.Markets Group Inc. (OTCQX: OTCM), operator of the OTCQX, OTCQB and Pink financial markets for over 11,000 U.S. and global securities, today announced the 2022 OTCQX Best 50, a ranking of the top-performing OTCQX companies in the prior calendar year.
  • The 2022 OTCQX Best 50 highlights a broad range of companies traded on the OTCQX Market.
  • Three community banks were also included among this years OTCQX Best 50 list:
    Coastal Carolina Bancshares Inc (OTCQX: CCNB )
    Ten companies from last years ranking made their second appearance on the OTCQX Best 50 list in 2022.
  • Grayscale Digital Large Cap Fund LLC (OTCQX: GDLC )
    Converge Technology Solutions Corporation (OTCQX: CTSDF )
    Grayscale Bitcoin Trust (BTC) (OTCQX: GBTC )
    The 2022 OTCQX Best 50 Companies:

LifeGoal Investments, LLC (“LifeGoal”) Buys Real Estate in the Metaverse, Prepares to Open a LifeGoal Metaverse Office

Retrieved on: 
Wednesday, January 5, 2022

Taylor says, Brett and I are blown away by the innovation and creativity of our peers building out the metaverse.

Key Points: 
  • Taylor says, Brett and I are blown away by the innovation and creativity of our peers building out the metaverse.
  • We hope they look back at us, as the Founders of LifeGoal, with the same admiration.
  • Like the metaverse, LifeGoal was founded in the pursuit of innovation financial innovation.
  • To be clear, the metaverse property purchase was made by LifeGoal Investments LLC for a future office location, not by one of LifeGoals ETFs.

Grayscale Bitcoin Trust (GBTC) Cryptocurrency Fund Overview 2021 Q3: Investor Interest in Bitcoin and Other Cryptocurrencies Surged in 2021 - ResearchAndMarkets.com

Retrieved on: 
Thursday, December 30, 2021

The "Grayscale Bitcoin Trust (GBTC) Cryptocurrency Fund: Institutional Investment 2021 Q3" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Grayscale Bitcoin Trust (GBTC) Cryptocurrency Fund: Institutional Investment 2021 Q3" report has been added to ResearchAndMarkets.com's offering.
  • This report looks at institutional investment in Grayscale Bitcoin Trust (GBTC).
  • Grayscale Bitcoin Trust is a popular cryptocurrency fund through which investors gain exposure to Bitcoin.
  • Investment in Grayscale Bitcoin Trust and other funds is an important measure of institutional interest and confidence in Bitcoin and other cryptocurrencies.

Experts Believe Cryptocurrency is Expected to Revolutionize the Future of Real Estate Transactions

Retrieved on: 
Tuesday, November 9, 2021

PALM BEACH, FL, Nov. 9, 2021 /PRNewswire/ -- More and more real estate transactions are being purchased, listed and sold with Bitcoin, Ethereum and other cryptocurrency as they become more popular and socially acceptable. The real estate industry is changing dramatically as new technologies and services influence the way society completes real estate transactions. One of the emerging technologies of the last decade is cryptocurrency. The growing popularity of cryptocurrencies like Bitcoin and Ethereum has enabled some individuals to sell or buy a house with cryptocurrency as the sole medium of exchange. Buying a home with cryptocurrency like Bitcoin is becoming more common. In fact, some believe that cryptocurrency will revolutionalize the future of real estate transactions.  A recent article on real estate said about this new surge: "Bitcoin is known as the first and most stable decentralized cryptocurrency in the world. As this currency is exchanged between parties, a block of information is added to a publicly viewable chain of data that keeps a record of all transactions made via blockchain technology. Ethereum is another form of cryptocurrency that uses smart contracts to complete transactions. For instance, a smart contract will state that when a consumer pays the supplier a set amount of Ether tokens, the supplier will provide the consumer with a product or service. These transactions are also public.    Active Companies in the markets today include Gaucho Group Holdings, Inc. (NASDAQ: VINO), Grayscale Bitcoin Cash Trust (OTCQX: BCHG), Coinbase Global, Inc. (NASDAQ: COIN), the AdvisorShares Sage Core Reserves ETF (NYSE: HOLD), Argo Blockchain plc (NASDAQ: ARBK).

Key Points: 
  • The real estate industry is changing dramatically as new technologiesand services influence the way society completes real estate transactions.
  • In fact, some believe that cryptocurrency will revolutionalize the future of real estate transactions.
  • The article continued: "Bitcoin and other popular cryptocurrencies like Ethereum are being used to purchase real estate all over the world.
  • Some believe Bitcoin, Ethereum and other types of cryptocurrency and real estate are a powerful combination that will shape the industryfor years to come."

Experts Believe Cryptocurrency is Expected to Revolutionize the Future of Real Estate Transactions

Retrieved on: 
Tuesday, November 9, 2021

PALM BEACH, FL, Nov. 9, 2021 /PRNewswire/ -- More and more real estate transactions are being purchased, listed and sold with Bitcoin, Ethereum and other cryptocurrency as they become more popular and socially acceptable. The real estate industry is changing dramatically as new technologies and services influence the way society completes real estate transactions. One of the emerging technologies of the last decade is cryptocurrency. The growing popularity of cryptocurrencies like Bitcoin and Ethereum has enabled some individuals to sell or buy a house with cryptocurrency as the sole medium of exchange. Buying a home with cryptocurrency like Bitcoin is becoming more common. In fact, some believe that cryptocurrency will revolutionalize the future of real estate transactions.  A recent article on real estate said about this new surge: "Bitcoin is known as the first and most stable decentralized cryptocurrency in the world. As this currency is exchanged between parties, a block of information is added to a publicly viewable chain of data that keeps a record of all transactions made via blockchain technology. Ethereum is another form of cryptocurrency that uses smart contracts to complete transactions. For instance, a smart contract will state that when a consumer pays the supplier a set amount of Ether tokens, the supplier will provide the consumer with a product or service. These transactions are also public.    Active Companies in the markets today include Gaucho Group Holdings, Inc. (NASDAQ: VINO), Grayscale Bitcoin Cash Trust (OTCQX: BCHG), Coinbase Global, Inc. (NASDAQ: COIN), the AdvisorShares Sage Core Reserves ETF (NYSE: HOLD), Argo Blockchain plc (NASDAQ: ARBK).

Key Points: 
  • The real estate industry is changing dramatically as new technologiesand services influence the way society completes real estate transactions.
  • In fact, some believe that cryptocurrency will revolutionalize the future of real estate transactions.
  • The article continued: "Bitcoin and other popular cryptocurrencies like Ethereum are being used to purchase real estate all over the world.
  • Some believe Bitcoin, Ethereum and other types of cryptocurrency and real estate are a powerful combination that will shape the industryfor years to come."