Grayscale Unveils Plan to Transform Bitcoin, Ethereum Funds With Split Strategy

November 9, 2024 Bitcoin.com

bitcoin.com

Grayscale Investments has announced plans for reverse share splits for its Grayscale Bitcoin Mini Trust ETF (Ticker: BTC) and Grayscale Ethereum Mini Trust ETF (Ticker: ETH). Effective at 5:00 pm ET on Nov. 19, the BTC fund will undergo a 1-for-5 split, while the ETH fund will undergo a 1-for-10 split. These adjustments are intended […]

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SEC mulls approving Ethereum ETF options

November 8, 2024 Coin Telegraph

Bitcoin ETFs

They include options on Bitwise Ethereum ETF, Grayscale Ethereum Trust, and Grayscale Ethereum Mini Trust, as well as “any trust that holds Ether,” the filing said.

United States regulators are reviewing a request to list the first options tied to spot Ether (ETH) exchange-traded funds (ETFs) on NYSE American’s securities exchange, according to a Nov. 8 filing.

If approved, NYSE would be authorized to list options on Bitwise Ethereum ETF (ETHW), Grayscale Ethereum Trust (ETHE), Grayscale Ethereum Mini Trust (ETH), and “any trust that holds Ether,” the filing said.

The SEC’s decision is the latest sign the agency may be softening its stance on cryptocurrency products, particularly after crypto-friendly Donald Trump’s Nov. 5 presidential election win.

Financial ‘Indiana Jones’: The Massive Bitcoin Rally Has Not Even Started

Bitcoin ETF Holdings Push Steadily Toward the 1 Million BTC Threshold

October 20, 2024 Bitcoin.com

Bitcoin

Following Friday’s spot bitcoin exchange-traded fund (ETF) activity, the numbers reveal that the 12 ETFs are on the brink of reaching the impressive milestone of 1 million bitcoins. As of this weekend, the funds are just shy of 42,000 BTC from hitting that target. Massive Bitcoin Inflows Drive ETFs Closer to 1 Million Bitcoin Milestone […]

Financial ‘Indiana Jones’: The Massive Bitcoin Rally Has Not Even Started

Crypto Biz: Onchain lending ramps up, driven by institutional activity

October 19, 2024 Coin Telegraph

Coin Telegraph

Institutional demand is driving a significant increase in onchain loans across DeFi protocols.

Lending platforms are seeing a significant increase in loans processed this year. According to Ledn, a firm offering decentralized lending and savings, it registered a $1.65 billion increase compared with the same period last year.

In the third quarter of 2024, the company processed over $437 million in digital asset loans to institutions, an increase of 14% from the previous quarter. This growth is part of a wider trend of more institutions exploring digital asset-backed loans due to tighter monetary policies and intense competition for access to dollar funding.

“We saw a very healthy jump in institutional demand in July, which has remained steady since then,” said John Glover, chief investment officer at Ledn. “Institutional borrowing demand has also been fairly consistent with the overall ETF demand, where there was a similar jump in July.”

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Crypto Giant Grayscale Considering Adding Aptos (APT), Dogecoin (DOGE) and 33 Other Altcoins to Product Family

October 15, 2024 The Daily Hodl

Altcoins

Crypto asset management giant Grayscale has released a list of altcoins that it says it’s considering for new institutional products. In a blog post, Grayscale names 35 “assets under consideration” or digital assets not currently included in its products but identified by the firm as possible candidates for inclusion in a future product. Says Grayscale, […]

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Financial ‘Indiana Jones’: The Massive Bitcoin Rally Has Not Even Started

SEC again delays decision on spot Ethereum ETF options

October 11, 2024 Coin Telegraph

bitcoin options

The securities regulator authorized Bitcoin options to list on BlackRock's spot BTC ETF in September.

The United States Securities and Exchange Commission (SEC) has once again postponed ruling on whether an exchange can list options tied to spot Ether (ETH) exchange-traded funds (ETFs), according to an Oct. 11 filing.

The SEC has delayed deciding on a proposed rule change permitting Cboe Exchange to list options tied to several popular spot ETH funds, the filing said.

The deadline for a ruling from the agency has been pushed back from Oct. 19 to Dec. 3, according to the filing.

Financial ‘Indiana Jones’: The Massive Bitcoin Rally Has Not Even Started

BTC and ETH ETFs Post Positive Inflows Despite GBTC, ETHE Losses

October 5, 2024 Bitcoin.com

Asset Management

On Friday, the 12 U.S. s pot bitcoin exchange-traded funds (ETFs) experienced positive inflows, totaling $25.59 million. Concurrently, the nine spot ether ETFs garnered a combined $7.39 million in inflows during the day’s trading session. Bitcoin ETFs Rebound With $25.59M Inflows, Ether Funds Add $7.39M Both bitcoin and ethereum ETFs showed positive growth on Friday, […]

Financial ‘Indiana Jones’: The Massive Bitcoin Rally Has Not Even Started

Crypto Asset Management Giant Grayscale Launches New Trust for DeFi Protocol Aave

October 5, 2024 The Daily Hodl

Aave

The crypto asset management giant Grayscale has launched a new trust that offers investors exposure to the decentralized finance (DeFi) protocol Aave (AAVE). The crypto firm’s new product is solely invested in Aave’s native token and functions like the company’s other single-asset trusts. Aave, which launched back in 2017, aims to serve as a decentralized […]

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Financial ‘Indiana Jones’: The Massive Bitcoin Rally Has Not Even Started

US jobs report signals fewer rate cuts, still bullish for BTC: Grayscale

October 4, 2024 Coin Telegraph

Bitcoin Price

The bullish jobs report adds fuel to hopes for an “Uptober” and fourth-quarter rally in Bitcoin’s price.

The strong United States September jobs report signals a possible slowdown in interest rate cuts but is still bullish for Bitcoin (BTC) as investors warm to riskier assets, Zach Pandl, Grayscale’s head of research, told Cointelegraph.

“Conversation about Fed rate cuts and debate about larger government deficits continue alongside solid economic growth, which should be net-positive for investors’ risk appetite and may reintroduce inflation risk in the medium-term,” Pandl said.

“Grayscale Research expects Bitcoin to benefit in this risk-positive environment,” he explained.

Financial ‘Indiana Jones’: The Massive Bitcoin Rally Has Not Even Started

Grayscale launches Aave investment fund

October 3, 2024 Coin Telegraph

Aave

The AAVE token has outperformed this year after tokenholders endorsed upgrades to its tokenomics.

Asset manager Grayscale Investments launched a new investment fund for Aave’s governance token, AAVE, according to an Oct. 3 announcement.

The Grayscale Aave Trust “offers investors the opportunity to gain exposure to AAVE, the governance token for Aave’s platform,” Grayscale said.

The fund, which is only available to qualified investors, adds to Grayscale’s suite of single-asset crypto investment products. In August, Grayscale launched three trusts to invest in the native protocol tokens of Sky (previously MakerDAO), Bittensor and Sui, respectively.

Grayscale

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