Grayscale Court Victory Over SEC in Spot Bitcoin ETF Case Made Final
The SEC failed to appeal the court’s initial ruling in favor of Grayscale.
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Bitcoin ETF Hopes Push Grayscale’s GBTC Discount to Narrowest Since 2021
The fund’s shares have traded at a discount to NAV since December 2021.
What’s All the Fuss About Bitcoin ETFs?
Fake news of SEC approval for a spot Bitcoin ETF sent markets higher. Why are traders so obsessed with this new product?
SEC Deadline on Grayscale’s Bitcoin ETF Dispute Approaching at Midnight
The SEC has hours left to seek an appeal of the court order to erase the agency’s rejection of Grayscale’s trust-to-ETF conversion application.
A New Crypto Scam Shows Perils of Elon Musk’s Twitter
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SEC Has ‘No Grounds’ to Reject Bitcoin ETF Conversion, Grayscale Says
The SEC was last week ordered to review its prior rejection of the conversion of the Grayscale Bitcoin Trust (GBTC), though not necessarily to approve it.
Bitcoin ETF Approval Odds Just Got Better: Bloomberg Analysts
“The odds of a spot Bitcoin ETF launching this year are up to 65%, in our eyes, after a flurry of developments,” analysts James Seyffart and Eric Balchunas wrote. They previously assigned a 50% probability.
Grayscale Bitcoin Trust Discount Narrows to Lowest Since May 2022
The discount has been narrowing on hopes the SEC might soon approve a spot bitcoin ETF.
GBTC Volume Increases 79% in June Amid TradFi ETF Applications
The trust’s trading volume increased to $45 million in June.
GBTC Share Price Soars, Discount Narrows to Multi-Month Low on BlackRock ETF Filing Optimism
Investors turned optimistic about Grayscale allowing redemptions in the future after BlackRock’s filing for spot bitcoin ETF last week, one analyst said.