GBTC

Why Grayscale is ‘100% committed’ to converting GBTC to an ETF

Why Grayscale is ‘100% committed’ to converting GBTC to an ETF

Quick Take  Converting an existing traded security into an ETF is a novel approach, but Grayscale’s CEO says its track record will be an advantage with regulators and investors. The firm says it will not file until it is satisfied that regulators are ready for such a product. This feature story is available to subscribers …

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Raoul Pal explains why he isn’t surprised by bitcoin’s correlation to stocks

Guggenheim opens door to bitcoin exposure for $5 billion macro fund via Grayscale’s GBTC

Guggenheim Partners, the $200 billion-plus asset-manager, could be the latest Wall Street firm to allocate capital to the cryptocurrency market, as per a filing.  The firm, which invests across asset classes on behalf of companies, pension funds, and sovereign wealth funds, wrote in a filing on November 27 that it might “seek investment exposure to …

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