Grayscale Files 'Final' Briefs In ETF Lawsuit Against SEC

On:

DCG Sells Grayscale Shares At Discount

Grayscale’s parent company Digital Currency Group (DCG) started selling discounted shares from products issued by its crypto asset manager. DCG decided to offload assets from the $10 billion-strong portfolio to raise cash. The group’s lending and trading arm Genesis declared bankruptcy last year and owes over $3 billion to creditors, Gemini included. 

Filing with the SEC showed that DCG has mainly focused on selling assets from the company’s Ethereum-based product under the ticker ETHE. However, DCG might decide to offload GBTC shares before the Genesis bankruptcy proceedings are over. 

Source: Read Full Article

Lates News:
  1. 40,000 BTC from US Government Seizures in Motion: What Could It Mean for Bitcoin?
  2. Partnership With Bitcoin Giant NYDIG Will Enable New York Yankees Employees to Convert Salaries To BTC
  3. Will Bitcoin Price Crash To $10,000? Bloomberg Expert Reveals When
  4. Data Highlights Massive BTC Accumulation By Whales As 'Extreme Fear' Grips Bitcoin Price
  5. The DRC-20 Effect: How Dogecoin Tokens Outpaced Bitcoin’s Daily Transactions