Crypto giant Grayscale is launching new trusts for machine learning marketplace Bittensor (TAO) and smart contract platform Sui Network (SUI). In a new press release, the world’s largest crypto asset manager says it’s launching the new products due to growing consumer demand for diversification. “Grayscale Bittensor Trust is solely invested in TAO, the token underpinning […]
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FTX Debtors and affiliate Alameda Research Ltd. have filed a lawsuit against Grayscale Investments, seeking injunctive relief to unlock $9 billion in value for shareholders of the Grayscale Bitcoin and Ethereum Trusts. The debtors allege that “Grayscale has extracted over $1.3 billion in exorbitant management fees in violation of the trust agreements.” FTX Debtors Accuse […]
On May 6, the financial services company Robinhood announced the firm has listed Grayscale’s Bitcoin Trust (GBTC) and Ethereum Trust (ETHE). Robinhood customers can now gain access the crypto investment products in order to get exposure to bitcoin or ethereum without actually owning the digital currencies. In Addition to Cryptos, Robinhood Adds Grayscale’s GBTC and […]