Cryptocurrency asset manager Grayscale is preparing to stake part of its massive Ether holdings, a move that could signal confidence that US regulators will soon permit staking within exchange-traded products. Onchain data from Arkham Intelligence showed Grayscale transferred more than 40,000 Ether (ETH) on Thursday, activity consistent with positioning for staking rewards. Arkham noted that … Read more
The native token of Chainlink LINK$23.44 stalled on Wednesday after a strong start to the week, giving back some of the gains on news about asset manager Grayscale filing to convert its closed-end fund into an exchange-traded fund (ETF). The token is down about 1% in the past 24 hours in a volatile session, experiencing … Read more
Grayscale filed paperwork with the U.S. Securities and Exchange Commission (SEC) on Tuesday for three crypto exchange-traded funds, expanding its roster of potential offerings as issuers jockey for regulatory approval. The asset manager submitted an S-1 registration for a Litecoin LTC$112.03 ETF, a move that follows its earlier bid to convert the Grayscale Litecoin Trust … Read more
Grayscale has filed with the U.S. Securities and Exchange Commission to convert its existing Chainlink Trust into a spot exchange-traded fund. The proposed ETF — if approved — would trade on NYSE Arca under the ticker GLNK, according to a Monday S-1 registration statement submitted to the regulator. This is one of two documents required … Read more
Grayscale, the world’s largest digital asset investment manager, has launched a new exchange-traded fund that ties into ether’s (ETH) recent market momentum. The Grayscale Ethereum Covered Call ETF (ETCO) began trading Thursday, offering exposure to ether with an options-writing strategy designed to generate steady income. The launch comes as ether, the native token of the … Read more
Grayscale is moving ahead with its plans to turn its Avalanche AVAX$24.43 Trust into a spot exchange-traded fund (ETF), filing an S-1 registration statement with the U.S. Securities and Exchange Commission on Friday. If approved, the fund would trade on Nasdaq, giving traditional investors easier access to the AVAX token through a regulated vehicle. The … Read more
Digital asset investment platform Grayscale has launched two new single-asset trusts providing exposure to Sui protocols DeepBook and Walrus. The Grayscale DeepBook Trust and Grayscale Walrus Trust invest solely in the native DEEP and WAL tokens, respectively. DeepBook is a decentralized central limit order book (CLOB) built on the Sui blockchain. It serves as a … Read more
Digital Currency Group’s (DCG) Barry Silbert has been re-appointed as chairman of the board at asset manager Grayscale, one of DCG's subsidiaries, alongside several other new, high-ranking hires at the firm. Silbert, who owns Grayscale, resigned in December 2023 after the company was hit with a lawsuit from the New York Attorney General’s office which … Read more
Grayscale has launched a new investment vehicle that gives accredited investors exposure to Story, a blockchain protocol designed to turn intellectual property (IP) into programmable digital assets. The Grayscale Story Trust will focus exclusively on IP, the native token of the Story network, according to an announcement. The protocol aims to modernize the way digital … Read more
David LaValle, the global head of ETFs at Grayscale Investments, is set to leave the crypto asset manager at the end of July, Unchained reported, citing people familiar with the matter. LaValle joined Grayscale in July 2021 as the firm was grappling with investor dissatisfaction over the widening discount of its flagship Bitcoin Trust (GBTC). … Read more