An individual familiar with the situation said that market circumstances had caused asset management behemoth Grayscale to postpone its intentions to go public, making it the latest cryptocurrency company to do so. This individual spoke on condition of anonymity due to the private nature of the subject, but they did
Grayscale Investments officially announced that it is launching its staking-enabled SUI exchange-traded fund, the Grayscale Sui Staking ETF, which will begin trading on the NYSE Arca on Wednesday through the X post under the ticker symbol of $GSUI. Grayscale Sui Staking ETF (Ticker: $GSUI) offers investors direct exposure to $SUI.
Grayscale has filed to convert its Aave trust into an exchange-traded fund, signaling renewed institutional interest in altcoins. The crypto asset manager submitted a Form S-1 registration statement with the U.S. Securities and Exchange Commission on Friday, seeking approval to rename the product the Grayscale Aave Trust ETF. The firm
Grayscale has filed with the U.S. Securities and Exchange Commission to convert its AAVE Trust into a spot exchange-traded fund that would list on NYSE Arca. The move marks another step in the asset manager’s strategy to bring crypto-native products into regulated ETF structures. The filing arrives as institutional interest
Grayscale Investments released a research report highlighting Bitcoin’s recent correlation with technology stocks rather than precious metals. The firm said Bitcoin’s short-term price behavior resembles that of high-growth tech equities. Bitcoin’s decline below $60,000 on February 5 aligned with broader tech sector sell-offs. The research noted that Bitcoin’s peak above
The BlackRock, Fidelity and Grayscale crypto investment products have witnessed a sharp weakening in net weekly outflows, providing initial signs of stabilisation after a severe expansion of digital asset markets, as per the recent data shared by CoinShares. Global funds backed by cryptocurrencies listed $187 million in net outflows in
Grayscale-linked companies are quietly selling their exposure to XRP and Solana when the crypto market is under pressure. The investors started pulling money out of the Altcoin ETFs, according to the recent U.S. regulatory filings. The sales come after the crypto market is wiping out around $5 billion in value,
Crypto investment products witnessed a continued sell-off in the last week, followed by the weakening of investor sentiment. Due to this, the investors witnessed two consecutive weeks of outflows. Crypto exchange-traded products (ETPs) noted around $1.7 billion in outflows in the same week, as reported by CoinShares on February 2.
Grayscale officials, the firm’s parent company, Digital Currency Group, and DCG International Investments have recently cut their stakes in numerous high-profile crypto ETFs, indicating a possible shift in mood towards altcoin-linked investment products. According to U.S. Securities and Exchange Commission (SEC) filings, Grayscale Chairman Barry Silbert and Chief Legal Officer
Grayscale Investments has advanced in launching a Sui Exchange Traded Fund (ETF), amending its S-1 registration statement with the U.S. Securities and Exchange Commission (SEC). As it intends to change the name of the trust to Grayscale Sui Staking ETF, under the ticker GSUI, which aims to be listed and
