Mon, July 14

Ripple’s XRP Jumps 10% After Grayscale Unveils XRP Trust Fund

After experiencing a consolidation phase throughout early September, Ripple’s native cryptocurrency, XRP, has surged over 10%, reaching its August high nearing the $0.60 zone. In the past 24 hours, XRP’s price spiked by more than 8.45%, rising from a low of $0.5355 to a high of $0.5809. This jump followed

September 13, 2024 2 mins read

Grayscale Unveils Avalanche Trust, Driving 10% Surge in AVAX Price

An investment trust for Avalanche has been launched by Grayscale Investment, a top crypto asset manager. The AVAX price increased by about 10% after the development, showing that investors were positively affected by the news. Conversely, it shows that the asset manager is serious about growing its digital asset investing

August 22, 2024 2 mins read

Grayscale Names Peter Mintzberg CEO Amid Bitcoin ETF Outflows

Peter Mintzberg has been named CEO of Grayscale Investments, an American asset management giant. Following Michael Sonnenshein’s departure as CEO, this hiring is seen as a watershed moment for the company. Sonnenshein oversaw the firm’s procurement of the spot Bitcoin ETF approval, and now Mintzberg is responsible for expanding the

August 16, 2024 2 mins read

Grayscale Unveils MakerDAO Trust, MKR Rises 7% Following Launch

A new cryptocurrency investment fund called MakerDAO Trust has been unveiled by digital asset manager Grayscale. The fund will invest in a single asset and will be launched via private placement. Other crypto-based trusts have also been launched in a similar vein, exposing investors to the market. As a result,

August 14, 2024 2 mins read

Grayscale Ethereum ETF Outflows Near $2.3 Billion

While the global crypto market turned to recovery, Ethereum exchange-traded funds (ETFs) in the United States displayed notable activity. On Wednesday, BlackRock’s fund saw a significant net inflow of around $110 million, contributing to a positive trend for Ethereum ETFs. For two consecutive days, U.S.-based spot Ether ETFs have recorded

August 7, 2024 2 mins read

Grayscale Officially Launches Bitcoin Mini Trust on NYSE Arca

Grayscale Investments has officially launched its Grayscale Bitcoin Mini Trust (BTC), which began trading at 4 a.m. ET on Wednesday on NYSE Arca. This development follows the SEC’s approval of the 19b-4 form for the new product last week. The BTC Trust is designed to be a “spin-off” of Grayscale’s

July 31, 2024 2 mins read

Grayscale’s Massive $1B ETH Move Stirs Speculation Amid Spot ETF Launch

US spot Ethereum ETFs received approval from the SEC on Monday after leading issuers filed 424(b) forms. Grayscale issuing two of the nine spot ETFs was observed transferring ETH tokens worth $1.01 billion from its Coinbase Prime deposit onto the platform’s Hot Wallet 8 hours ago. This has led to

July 23, 2024 2 mins read

Grayscale Introduces Groundbreaking Decentralized AI Fund

The Grayscale Decentralized AI Fund is the latest offering from the industry-leading crypto asset management Grayscale, which has been making waves across the world. The company made the announcement public recently, and it’s the first of its kind to provide investors with a way to put their money into assets

July 18, 2024 2 mins read

Grayscale Revises Crypto Fund Components, Polygon (MATIC) Removed

In light of evaluations conducted in the second quarter of 2024, crypto asset manager Grayscale Investments has revealed revised component weightings of crypto assets within its primary funds. Grayscale Smart Contract Platform Ex-Ethereum Fund (GSCPxE Fund), Grayscale Digital Large Cap Fund (GDLC), and Grayscale DeFi Fund (DEFG) are the primary

July 6, 2024 1 min read
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