Tags: Grayscale Bitcoin Trust

GBTC Price as Likelihood of Bitcoin ETF Grows Larger

Grayscale Revealed as Second-Largest BTC Entity by Arkham Intelligence

Onramp. (JaCZhou/Getty Images)

Craig Salm discusses what happens next after a court acts on its lawsuit against the SEC, and whether this regulator should even be involved with bitcoin products.

Gary Gensler has rejected every bitcoin exchange-traded fund application in the name of consumer protection. So why doesn‘t he listen to what consumers have to say?

The three-judge panel appeared skeptical of the SEC’s reasoning for denying conversion of the trust to an ETF.

The latest price moves in crypto markets in context for March 7, 2023.

The bankrupt trading firm is seeking injunctive relief to allow FTX debtors to realize what it claims is more than $250 million in asset value.

The collapse of FTX in late 2022 was the final straw for Genesis, which earlier that year reportedly suffered losses of several hundred million dollars due to its exposure to failed crypto hedge fund Three Arrows Capital.

The asset manager called the U.S. Securities Exchange‘s defense of its decision to block its spot-bitcoin ETF "illogical."