By enabling payments through the Flexa network, supporting merchants can more easily and trustlessly accept payment in BTC, ETH, and other digital assets. The Flexa network is one of a number of projects intended to accelerate the development of the blockchain into a mature peer-to-peer money system, according to Grayscale. Source link … [Read more...] about Grayscale Adds Flexa’s AMP to DeFi Fund, Removes BNT, UMA In Quarterly Rebalancing
Grayscale
Grayscale Holds $43B in Crypto Assets Under Management, Down From $60.9B in Early November
AUM in the Grayscale Bitcoin Trust, the firm’s largest holding, has decreased from $43.5 billion to $30.4 billion, a 30% decline during this time. The AUM of its second-biggest holding, the Grayscale Ethereum Trust, declined from almost $15 billion to $11.6 billion, a 22% drop. Source link … [Read more...] about Grayscale Holds $43B in Crypto Assets Under Management, Down From $60.9B in Early November
SEC Delays Decision on Grayscale and Bitwise Spot Bitcoin ETFs
The U.S. Securities and Exchange Commission (SEC) is pushing out its review of proposals by Grayscale and Bitwise for their spot bitcoin exchange-traded funds (ETFs) by 45 days, according to filings around both products. Grayscale is owned by Digital Currency Group, which is the parent company of CoinDesk. Source link … [Read more...] about SEC Delays Decision on Grayscale and Bitwise Spot Bitcoin ETFs
Coinbase Backs NYSE Arca’s Push for Grayscale Bitcoin Trust Conversion to ETF
“We believe investors should have access to GBTC in an ETP [exchange-traded product] format because it offers a tried and tested way for retail investors to gain exposure to bitcoin at prices that closely reflect spot bitcoin trading prices without holding it themselves,” the letter said. Grayscale Investments is a digital asset management firm owned by Digital Currency Group, … [Read more...] about Coinbase Backs NYSE Arca’s Push for Grayscale Bitcoin Trust Conversion to ETF
Grayscale report highlights potential Solana risks, should you be concerned?
Cryptocurrency asset managers Grayscale has released a report titled “An Introduction to Solana.” The firm gives a comprehensive assessment of the project, including its history, practical applications, and an overview of its potential risks.Solana – the success story of 2021According to CoinMarketCap, on January 3, Solana was ranked 112th with a market cap of just under $101 … [Read more...] about Grayscale report highlights potential Solana risks, should you be concerned?