Grayscale Investments

Grayscale Investments® Files S-3 Registration Statement for Grayscale Ethereum Trust

Retrieved on: 
Tuesday, April 23, 2024
Sale, Prospectus, ETF, OTCQX, Risk, Grayscale, Trust, Form S-3, Form, Digital, Grayscale Investments, Investment, Cryptocurrency

Following NYSE Arca's filing of Form 19b-4 for Grayscale Ethereum Trust, Grayscale filed the Form S-3, another key filing requiring regulatory approval in the firm’s effort to uplist ETHE to NYSE Arca as a spot Ethereum ETF*.

Key Points: 
  • Following NYSE Arca's filing of Form 19b-4 for Grayscale Ethereum Trust, Grayscale filed the Form S-3, another key filing requiring regulatory approval in the firm’s effort to uplist ETHE to NYSE Arca as a spot Ethereum ETF*.
  • A registration statement relating to the shares has been filed with the SEC, but has not yet been declared effective.
  • Grayscale Investments, LLC (“Grayscale”) is the sponsor of Grayscale Ethereum Trust (the “Trust”) .
  • The Trust holds Ethereum; however, an investment in the Trust is not a direct investment in Ethereum.

Digital Insurance Platform, Marble Appoints Isabel Rittenberg as New Chief Marketing Officer

Retrieved on: 
Thursday, February 15, 2024
General assembly, Better.com, CMO, Grayscale Investments, Insurance, Fintech

NEW YORK, Feb. 15, 2024 /PRNewswire-PRWeb/ -- Marble, the all-in-one digital wallet revolutionizing the insurance landscape, proudly announces the promotion of marketing leader Isabel Rittenberg to serve as its Chief Marketing Officer (CMO), effective immediately. With a decade of marketing expertise under her belt, Rittenberg, who previously served as Vice President of Marketing, steps into this new role to spearhead Marble's marketing strategies and further elevate the company's brand presence. Before joining Marble, Rittengerg held key marketing leadership positions at successful New York ventures like Grayscale Investments, Better.com, and General Assembly.

Key Points: 
  • NEW YORK, Feb. 15, 2024 /PRNewswire-PRWeb/ -- Marble , the all-in-one digital wallet revolutionizing the insurance landscape, proudly announces the promotion of marketing leader Isabel Rittenberg to serve as its Chief Marketing Officer (CMO), effective immediately.
  • Before joining Marble, Rittengerg held key marketing leadership positions at successful New York ventures like Grayscale Investments, Better.com, and General Assembly.
  • Having joined Marble in 2021, Isabel Rittenberg has been instrumental in shaping Marble's brand identity and enhancing its public visibility.
  • Marble continues to redefine the insurance landscape by providing a seamless digital platform that empowers users to manage their insurance policies effortlessly.

"Topp Jirayut" pinpoints 3 challenges on digital assets at World Economic Forum 2024

Retrieved on: 
Monday, January 29, 2024
Crypto, Bitcoin, Better World, Government, HKSAR, Grayscale Investments, Blended finance, Security (finance), Cryptocurrency

BANGKOK, Jan. 29, 2024 /PRNewswire/ -- Bitkub Capital Group Holdings Co., Ltd., led by Jirayut Srupsrisopa, Founder and Group CEO, participated in the World Economic Forum 2024, held from 15-19 January 2024 in Davos, Switzerland.

Key Points: 
  • BANGKOK, Jan. 29, 2024 /PRNewswire/ -- Bitkub Capital Group Holdings Co., Ltd., led by Jirayut Srupsrisopa, Founder and Group CEO, participated in the World Economic Forum 2024, held from 15-19 January 2024 in Davos, Switzerland.
  • This esteemed economic conference hosted over 2,800 distinguished delegates, including world leaders, leading business founders, and global academic professionals, who contributed their perspectives on the annual global economic direction.
  • Also, together with Prime Minister and Minister of Finance of Thailand, Srettha Thavisin, alongside Thailand's leading enterprises.
  • The six topics featuring "Topp Jirayut" visions at the World Economic Forum are as follows:
    Building Trust for Our Common Future: Role of Education, Technology, and Blended Finance for Better Business, Better World

"Topp Jirayut" pinpoints 3 challenges on digital assets at World Economic Forum 2024

Retrieved on: 
Monday, January 29, 2024
Crypto, Bitcoin, Better World, Government, HKSAR, Grayscale Investments, Blended finance, Security (finance), Cryptocurrency

BANGKOK, Jan. 28, 2024 /PRNewswire/ -- Bitkub Capital Group Holdings Co., Ltd., led by Jirayut Srupsrisopa, Founder and Group CEO, participated in the World Economic Forum 2024, held from 15-19 January 2024 in Davos, Switzerland.

Key Points: 
  • BANGKOK, Jan. 28, 2024 /PRNewswire/ -- Bitkub Capital Group Holdings Co., Ltd., led by Jirayut Srupsrisopa, Founder and Group CEO, participated in the World Economic Forum 2024, held from 15-19 January 2024 in Davos, Switzerland.
  • This esteemed economic conference hosted over 2,800 distinguished delegates, including world leaders, leading business founders, and global academic professionals, who contributed their perspectives on the annual global economic direction.
  • Also, together with Prime Minister and Minister of Finance of Thailand, Srettha Thavisin, alongside Thailand's leading enterprises.
  • The six topics featuring "Topp Jirayut" visions at the World Economic Forum are as follows:
    Building Trust for Our Common Future: Role of Education, Technology, and Blended Finance for Better Business, Better World

Grayscale Investments® Receives SEC Approval to Uplist Grayscale Bitcoin Trust to NYSE Arca as Spot Bitcoin ETF

Retrieved on: 
Wednesday, January 10, 2024
Grayscale Investments, Investment, GBTC, Trust, Harbor Drive, History, Prospectus, Grayscale, Communication, Form, EDGAR, BTC, Ticker, OTCQX, AUM, EST, Cryptocurrency

STAMFORD, Conn., Jan. 10, 2024 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world’s largest crypto asset manager*, today announced that the U.S. Securities and Exchange Commission (SEC) has approved NYSE Arca’s application pursuant to Rule 19b-4 under the Securities Exchange Act of 1934 to list the shares of its flagship product, Grayscale Bitcoin Trust (BTC) (OTCQX: GBTC) and is expected to declare GBTC’s registration statement on Form S-3 effective as of 5:00 p.m. EST today. The approval of the application and effectiveness of the registration statement will allow GBTC to operate as a spot Bitcoin ETF and will make it among the first such products to be brought to market in the U.S. GBTC shares will be listed on NYSE Arca under the Ticker: GBTC.

Key Points: 
  • Shares of GBTC are expected to commence trading on NYSE Arca on January 11, 2024.
  • Once GBTC shares start trading on NYSE Arca, GBTC shares will cease trading on the OTC Markets and will have automatically been uplisted to NYSE Arca as shares of a spot Bitcoin ETF.
  • Current GBTC shareholders do not have to take any action prior to GBTC’s expected uplisting to NYSE Arca.
  • Grayscale believes these changes will enable GBTC to more closely track the value of its underlying Bitcoin holdings, after deduction of expenses.

PayBito Chief Predicts 'The Future is Bright' After the Recent Bitcoin Surge

Retrieved on: 
Tuesday, October 31, 2023
ETF, Growth, Pulse, PALO, Grayscale Investments, Investment, BlackRock, Cryptocurrency, Bitcoin

PALO ALTO, Calif. , Oct. 31, 2023 /PRNewswire-PRWeb/ -- The surge in the value of Bitcoin has been a topic of interest for many investors and experts in the industry. PayBito's Chief Raj Chowdhury has recently come forward with a prediction, stating that 'the future is bright' for the cryptocurrency market. With their finger on the pulse of the industry, PayBito's insights and predictions carry weight and are worth taking note of.

Key Points: 
  • Experts predict that this could lead to further growth and indicate a positive future for the crypto industry.
  • PALO ALTO, Calif. , Oct. 31, 2023 /PRNewswire-PRWeb/ -- The surge in the value of Bitcoin has been a topic of interest for many investors and experts in the industry.
  • PayBito 's Chief Raj Chowdhury has recently come forward with a prediction, stating that 'the future is bright' for the cryptocurrency market.
  • With Bitcoin surging in value and PayBito's Chief predicting a bright future for the cryptocurrency market, it's an exciting time for investors and enthusiasts alike.

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
Crypto, Bitcoin, Ethereum, Index, FTSE, Consumer, LSEG, Investment, FTSE Russell, Public utility, Caribbean Electric Utility Services Corporation, Journal of Consumer Culture, Ecosystem, Partnership, Grayscale Investments, Cryptocurrency, Finance, Grayscale

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.

Grayscale Investments Files S-3 Registration Statement for Grayscale Bitcoin Trust

Retrieved on: 
Thursday, October 19, 2023
Bitcoin, Sale, GBTC, NYSE, Form, Cyprus Securities and Exchange Commission, Investment, NYSE Arca, Prospectus, BTC, Grayscale Investments, Security (finance)

STAMFORD, Conn., Oct. 19, 2023 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world’s largest crypto asset manager, today announced it filed with the U.S. Securities and Exchange Commission (“SEC”) a registration statement on Form S-3 to register shares of Grayscale Bitcoin Trust (BTC) (OTCQX: GBTC) under the Securities Act of 1933, as amended (the "Securities Act").

Key Points: 
  • STAMFORD, Conn., Oct. 19, 2023 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world’s largest crypto asset manager, today announced it filed with the U.S. Securities and Exchange Commission (“SEC”) a registration statement on Form S-3 to register shares of Grayscale Bitcoin Trust (BTC) (OTCQX: GBTC) under the Securities Act of 1933, as amended (the "Securities Act").
  • A copy of the prospectus, when available, may be obtained by email from Grayscale Investments by emailing [email protected].
  • A registration statement relating to the shares has been filed with the SEC, but has not yet been declared effective.
  • The shares may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective.

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

Retrieved on: 
Monday, September 18, 2023
Ethereum, Exercise, Grayscale Investments, Date, Grayscale, OTCQX, Cryptocurrency

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.

Major Shareholders of Grayscale® Bitcoin Trust and Grayscale® Ethereum Trust Urge Others to Join Lawsuit and Recover Value Lost to Grayscale's Mismanagement

Retrieved on: 
Monday, August 21, 2023
Bitcoin, Ethereum, GBTC, LLP, Grayscale Investments, FTX, Fir Tree, Trust, General partnership, Delaware Court, NAV, Trust law, The Trusts, Balch & Bingham, Interest, Oliver Cromwell, UTXO, Title 11 of the United States Code, Sullivan & Cromwell, Quinn Emanuel Urquhart & Sullivan, Redemption, Research, Holding company, Cryptocurrency, Security (finance), Grayscale

WILMINGTON, Del., Aug. 21, 2023 /PRNewswire/ -- Alameda Research Ltd. ("Alameda"), UTXO Management ("UTXO"), and Balch & Bingham LLP today announced the launch of GrayscaleLitigation.com, where shareholders of the Grayscale® Bitcoin Trust and Grayscale® Ethereum Trust (together, the "Trusts") can join as co-plaintiffs in the previously announced litigation against Grayscale Investments, LLC ("Grayscale") filed by Alameda, a debtor affiliate of FTX Trading Ltd. and its affiliated debtors (together, the "FTX Debtors").

Key Points: 
  • Balch & Bingham LLP is prepared to represent eligible shareholders in the lawsuit for zero out-of-pocket cost.
  • Shareholders of the Trusts are determined to recover value that has been lost and demand justice for Grayscale's consistent failure to protect shareholders' interests.
  • We've joined this lawsuit to recover the value in our digital assets and we encourage other shareholders to sign on too.
  • It's time to band together so we can get back the money that belongs to Grayscale shareholders, not Grayscale's principals."