Canada has unveiled three bitcoin-based exchange-traded funds (ETFs) over the past few weeks, and the United States seems to believe that its day in the crypto ETF spotlight is rather close. So much, in fact, that now Grayscale Investments – one of the largest crypto investing firms in America – is hiring an ETF team for the coming future. Grayscale Is Looking to Hire for Its New ETF Divison A crypto-based ETF has been the envy of many people involved in the digital...
Read More »Recent Job Postings Hints: Is Grayscale Looking to Launch a Crypto ETF?
Recent job postings suggest that the leading digital asset manager could be planning to develop and launch a cryptocurrency exchange-traded fund (ETFs). Grayscale is looking for nine employees for roles focusing on various ETF-related endeavors. Founded in 2013, Grayscale is a crypto asset manager enabling institutions to receive exposure to numerous digital assets through its funds. The company could be considering developing and launching ETFs as well, at least according to nine key job...
Read More »Anticipating Ethereum 2.0? ETH Whales Hold Nearly 70% of the Total Supply
Although Ethereum’s price has tumbled by a few hundred dollars since its peak in February, whales have continued to accumulate large portions of the second-largest digital asset. Recent data revealed that large ETH investors own nearly 70% of the total supply – the highest level since late 2017.ETH Whales At a 3-Year HighThe price of ETH has been on a roller-coaster since the start of the year. The asset entered 2021 at $720 before the bull run took it above the previous all-time high at...
Read More »Grayscale on a Hiring Spree: Appoints New High-Ranked Officials
The growth of the leading cryptocurrency asset manager Grayscale Investments has pushed the company into appointing three new C-suite hires. As a result, the company has filled the roles of Chief Operating Officer, Chief Compliance Officer, and Chief People Officer.New C-Suite Hires In GrayscaleFounded in 2013, Grayscale is a crypto asset manager that enables institutions and corporations to receive exposure to BTC and other digital assets without worrying about managing or storing the...
Read More »Yearn Finance (YFI) Price Taps $52K On Grayscale Filing News
Yearn Finance, one of DeFi’s landmark projects and also the first coin to truly flip Bitcoin’s price on multiple occasions, managed to surge above $52K earlier today before correcting slightly to where it’s currently trading.Yearn Finance is undoubtedly one of the benchmark projects for the space of decentralized finance (DeFi).YFI, the ecosystem’s native token, was initially supposed to be nothing but a governance token that has absolutely no face value. In fact, Andre Cronje, the creator of...
Read More »Bill Miller Seeks BTC Access Through Grayscale
Bill Miller, a bitcoin fanatic and legendary investor, is once again plugging away at cryptocurrencies and pushing the digital agenda. On Monday, it was also announced that Miller had set up what’s known as the Miller Opportunity Trust with the Securities and Exchange Commission (SEC) to invest in the Grayscale Bitcoin Trust as a means of entering even deeper crypto territory.Bill Miller Is Working with Grayscale for Indirect BTC InvestingA filing with the SEC for Miller’s enterprise...
Read More »Bitcoin Institutional Demand Accelerates in 2021 Says Grayscale CEO
The CEO of the world’s largest digital asset manager, Grayscale, says that the demand from institutions has only accelerated in 2021. He also said that the narrative for large corporations to jump on the Bitcoin bandwagon has shifted from “why” to “why not.”Why Not Buy Bitcoin?A couple of years back, the cryptocurrency community was celebrating the fact that some hedge funds are talking about Bitcoin, eagerly anticipating their decision to finally join the BTC bandwagon and buy Bitcoin as...
Read More »$10 Billion in a Month: Grayscale’s AUM Hits $30B Milestone
The world’s leading cryptocurrency asset manager, Grayscale Investments, continues with its rapid expansion by overcoming another AUM milestone at $30 billion. Somewhat expectedly, the Trusts dedicated to the two largest digital assets, namely Bitcoin and Ethereum, account for over 95% of all holdings.Grayscale Tops $30B In AUMFounded in 2013, Grayscale enables institutional investors to receive exposure to various cryptocurrencies without having to worry about storing or managing the assets....
Read More »Grayscale kauft Bitcoin für 255 Millionen Dollar
Der grösste Vermögensverwalter der Welt, Grayscale, deckt sich mit weiteren 7'756 Bitcoins ein. Das geht aus einem Dokument der SEC hervor. Der Grayscale Bitcoin Trust hat vor einiger Zeit weitere Investierungen in das digitale Gold vorgenommen. Dies geht aus einem Formular der Securities and Exchange Commission hervor. Hiernach kaufte der grösste Vermögensverwalter der Welt genau 7’756 Bitcoin in einem Wert von über 255 Millionen...
Read More »Grayscale Has Resumed Private Placement For The Ethereum Trust
The Grayscale Ethereum Trust, which offers its institutional and accredited investors to take advantage of private placements on several occasions throughout the year, has reopened the initiative of its shares.Grayscale announced resuming the Ethereum Trust private placement earlier, thus enabling accredited investors to allocate funds into the company’s product following the second-largest cryptocurrency.Private placement means a sale of an asset to a pre-selected number of investors and...
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