The SEC’s Decision on GBTC

Grayscale Investors,   Today, we received notice that our application to convert GBTC to a spot ETF was denied by the SEC. We are deeply disappointed by and do not agree with its decision.    Converting GBTC to a spot Bitcoin ETF would have brought the world’s largest Bitcoin fund further into the U.S. regulatory perimeter […]

2022 H1 CEO Investor Letter

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Dear Grayscale Investors, As we settle into a new year, I have been reflecting on Grayscale’s growth, the state of the crypto ecosystem, and how our world has evolved. It is easy to forget how much can change in a year, and looking back, it is remarkable where we are today compared to 12 months […]

Grayscale’s Intentions for a Bitcoin ETF

In recent months there’s been a growing number of questions around the possibility of a Bitcoin ETF in the US, and we’d like to take the opportunity to provide clarity and context on what such a development would mean at Grayscale and for Grayscale® Bitcoin Trust (Symbol: GBTC). First and foremost we wish to make […]