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Greyscale, the world’s largest asset manager, is challenging to maintain its dominance in the spot bitcoin ETF market. Despite a significant capital withdrawal from the GBTC core, Greyscale remains adamant. Ten has unveiled plans for a smaller bitcoin ETF that features more competitive fees, to fend off competition from rivals. Grayscale’s Response to Market Trends…
Amid the billion-dollar fine imposed on Binance and the resignation of CEO Changpeng Zhao, attention has shifted towards a positive development related to Bitcoin ETFs. Grayscale, a company with a pending Bitcoin ETF application, recently engaged in discussions with the U.S. Securities and Exchange Commission (SEC). This meeting signifies a potential breakthrough in the listing…
The Bitcoin (BTC) price exhibited a positive reaction after digital asset investment manager Grayscale Investments secured a pivotal victory against the U.S. Securities and Exchange Commission (SEC). Following a reconsideration of the initial proposal by the SEC, an appeals court rejected the decision to halt the conversion of Grayscale’s Bitcoin Trust product into an Exchange-Traded…