Grayscale Bitcoin Trust

Gold bull Peter Schiff on Wednesday dismissed the notion that a spot Bitcoin (CRYPTO: BTC) ETF would drive adoption, claiming it simply facilitates speculative betting on price movements.What Happened: In a tweet on X, Schiff posted that a spot Bitcoin ETF just "make[s] it easier for some...

The cryptocurrency market experienced the liquidation of crypto shorts worth a staggering $120 million within a span of 24 hours.  What Happened: This sudden development came as prices of Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and various altcoins saw a surge, triggered by a recent US...

Deep Knowledge Investing originally recommended buying Bitcoin and the Grayscale Bitcoin Trust (OTC: GBTC) in late 2020 when Bitcoin was around half the current price. In June, when Blackrock, Fidelity, and several other huge institutional firms filed for Bitcoin ETFs (Exchange Traded Funds), we...

Brokerage firm Bernstein on Monday stated that the U.S. Securities and Exchange Commission (SEC) may find it challenging to maintain its current position on spot Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs), suggesting that the chances of approval are relatively high. The...

Fir Tree Partners, a significant shareholder of the Grayscale Bitcoin Trust (OTC: GBTC), accused Grayscale Investments of continuing to "obfuscate the facts" and "refusing to provide clear information to GBTC shareholders" in a lawsuit filed by Fir Tree last month. The...

The world's largest Bitcoin fund, the Grayscale Bitcoin Trust (OTCQX: GBTC) surged on Monday, outperforming all other risk assets including Bitcoin (CRYPTO: BTC), as a weekend deadline to resolve a key issue with crypto lender Gemini passed by without...

Popular analyst Willy Woo said that the fear of Genesis going bankrupt is one of the major factors retail investors are selling Grayscale Bitcoin Trust (OTC: GBTC) shares. What Happened: On Monday, Woo tweeted that the pessimistic attitude surrounding GBTC has been favorable for Bitcoin (...

Cathie Wood's Ark Invest has purchased Grayscale Bitcoin Trust’s (OTCQX: GBTC) shares worth $2.8 million. The deal was announced days after the beleaguered crypto fund’s discount hit a new low. Ark Invest lapped up 315,259 shares of GBTC, according to a disclosure made by the...

The U.S. Securities and Exchange Commission (SEC) has once again stalled the launch of WisdomTree's Bitcoin spot ETF. “The Commission concludes that BZX has not met its burden under the Exchange Act and the Commission’s Rules of Practice,” the order stated. The exchange has...

Popular retail brokerage Robinhood Markets Inc (NASDAQ: HOOD) has listed two new cryptocurrency products. What Happened: In an announcement on Friday, Barry Silbert, founder of Grayscale parent Digital Currency Group (DCG), said Robinhood had listed the Grayscale Bitcoin Trust (OTC: GBTC) and...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Total dollar volume increased on OTC Markets in February, with companies in emerging industries dominating top trading activity. In...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. OTC Markets recently released its newest installment of the OTCQX Best 50 list. Released annually, the OTCQX Best 50 is a list of the 50...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. 2020 was a year of divergence in markets. Some industries, like health care and e-commerce, benefited greatly from the effects of the...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Trading volume on OTC Markets remained elevated in July, but activity is slowly moving away from the extreme levels seen in March and...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. With the first half of 2020 in the books and the second-quarter earnings season in full swing, it looks as if global markets are starting...