Podcasts about grayscale bitcoin trust gbtc

  • 31PODCASTS
  • 58EPISODES
  • 26mAVG DURATION
  • ?INFREQUENT EPISODES
  • Oct 8, 2024LATEST

POPULARITY

20172018201920202021202220232024


Best podcasts about grayscale bitcoin trust gbtc

Latest podcast episodes about grayscale bitcoin trust gbtc

Girls' Guide To Investing
Blackrock vs Grayscale -Which is the Largest Bitcoin ETP?

Girls' Guide To Investing

Play Episode Listen Later Oct 8, 2024 13:38


Largest Bitcoin ETPs (exchange-traded product): Blackrock's iShares Bitcoin Trust (IBIT) charges a lower fee of .25% vs. its biggest competitor Grayscale Bitcoin Trust (GBTC) 1.50% fee. IBIT is now the largest with approx. $20 billion in assets currently. Grayscale is up 49% currently. Other Bitcoin ETF funds and fees: ARKB-ARK 21Shares Bitcoin .21%, BITB- Bitwise Bitcoin .20%, and FBTC -Fidelity Wise Origin Bitcoin .25%. Please support us by downloading the episodes, subscribing, or donating!  YouTube  @storypals   Instagram @Marylinartist  or TikTok @Sneakiesbooks ⁠⁠⁠⁠https://enchantedbooks.godaddysites.com/⁠⁠⁠⁠⁠ :) ⁠⁠⁠⁠⁠https://www.paypal.me/anonymouscontent⁠⁠⁠⁠⁠ :) $$ ⁠⁠⁠⁠⁠https://www.youtube.com/user/Fellinijr/videos⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠https://www.buymeacoffee.com/sneakies⁠⁠⁠⁠⁠⁠  :) Get our awesome story books by Sir Herbert Sneakies at Amazon!   The Locket (Adventures of Milo) picture book is coming soon! "The Santa Chronicles: Grumpy Santa" is like The Nightmare Before Christmas. ⁠⁠⁠https://www.amazon.com/Grumpy-Santa-Sir-Herbert-Sneakies-ebook/dp/B0CFHWDBYR⁠⁠⁠ "Jack the Bear and Golden Hair" - a fairy tale like Snow White & Alice In Wonderland. ⁠⁠⁠⁠⁠https://www.amazon.com/Jack-Bear-Golden-StorytellerUK2017-Adventures-ebook/dp/B010E479GE⁠⁠⁠⁠⁠ "Skip Boots Big Safari Adventure" -  a funny animal book like Jungle Book. ⁠⁠⁠⁠⁠https://www.amazon.com/Skip-Boots-Big-Safari-Adventure/dp/1729091547⁠⁠⁠⁠⁠ * "Adventures of Mooch the Pooch"- a funny dog book like A Dog's Life. ⁠⁠⁠⁠⁠https://www.amazon.com/Mooch-Pooch-Adventures-ebook/dp/B01LR86FK2⁠⁠⁠⁠⁠ "Blueber Goober The Monster In My Closet" -  Casper the Friendly Ghost meets Monsters Inc. ⁠⁠⁠⁠⁠https://www.amazon.com/Blueber-Goober-Monster-My-Closet-ebook/dp/B01LW1VMPQ⁠⁠⁠⁠⁠ Wizard book series by A. A. Banks "Margaret Merlin's Journal: The Battle of the Black Witch"   Book I ~Fans of Harry Potter will love it. ⁠⁠⁠https://www.amazon.com/Margaret-Merlins-Journal-Battle-Black-ebook/dp/B01634G3CK⁠⁠⁠⁠ :) Please support us & buy our books :) :) We appreciate your donations $$$ :) Thank you! NO COPYRIGHT MUSIC, royalty-free music Film Addicts ~podcast with Emmy-winning animation producers by Marylin Hebert. Connect with us: ⁠friendsofsneakies@gmail.com For entertainment purposes only. Info can change or be incorrect. I am not a licensed broker. No advice. --- Support this podcast: https://podcasters.spotify.com/pod/show/girlmogul/support

Crypt On It
BlackRock : L'IBIT devient le plus grand ETF Bitcoin au monde

Crypt On It

Play Episode Listen Later May 29, 2024 6:33


L'ETF Bitcoin Spot de BlackRock (IBIT) a officiellement dépassé le Grayscale Bitcoin Trust (GBTC) en termes d'actifs sous gestion, et devient ainsi l'ETF Bitcoin Spot avec l'encours le plus important. Mais BlackRock ne compte pas s'arrêter là. On en parle dans l'Analyse Cryptique, après les actualités essentielles de la semaine.

Proactive - Interviews for investors
Bitcoin Dips, BlackRock's ETF nears market lead | Crypto Report

Proactive - Interviews for investors

Play Episode Listen Later May 14, 2024 1:43


The Bitcoin market began the week on a positive note but experienced a decline early on Tuesday, with the BTC/USD pair dropping by 2% to approximately $61,650. ETC Group notes a lack of new positive catalysts for Bitcoin as the summer season approaches, which is generally quieter. However, there is growing interest in the exchange-traded fund (ETF) sector. In particular, BlackRock's iShares Bitcoin ETF (IBIT) is nearing the size of the Grayscale Bitcoin Trust (GBTC), previously the leading Bitcoin fund in the market. #ProactiveInvestors #Bitcoin, #BTCUSD, #Ethereum, #Altcoins, #Cryptocurrency, #CryptoMarket, #BlackRock, #IBIT, #GBTC, #BitcoinETF, #ETCGroup, #Fidelity, #VanEck, #WisdomTree, #CryptoInvestment, #CryptoNews, #CryptoUpdate, #BitcoinDominance, #FinancialMarkets, #CryptoTrends #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

The Practical Islamic Finance Podcast
This bull run you have to make a choice

The Practical Islamic Finance Podcast

Play Episode Listen Later Apr 20, 2024 26:47 Transcription Available


► If you enjoyed the episode, please leave us a good review!► More from PIF: https://linktr.ee/practicalislamicfinanceThis bull run you have to make a choiceIn this episode, we will discuss:Bitcoin Halving: Discussion on the recent Bitcoin halving and its potential impact on the market.Negative Net Inflows: Analysis of the recent trend of negative net inflows into Bitcoin ETFs and its reflection on the price of Bitcoin.GBTC Drainage: Examination of the drain on Grayscale Bitcoin Trust (GBTC) holdings, highlighting mismanagement and potential impact on asset value.Historical Performance: Exploration of the historical performance of Bitcoin post-halving events.Investment Strategy: Emphasis on the importance of having a clear investment strategy, including holding Bitcoin and potentially investing in select Bitcoin miners.Altcoins and Crypto Trends: Discussion on the popularity of altcoins, cautioning against high-risk investments like meme coins and recommending diligence in research.Zakat and Crypto Assets: Advising on paying zakat on crypto assets, especially those not staked, and discussing the importance of understanding investment fundamentals.Long-Term Investment Approach: Advocacy for a long-term investment approach, focusing on patience, knowledge, and informed decision-making.Q&A Interaction: Conclusion with a Q&A session addressing various topics related to cryptocurrency investments.CONTACT USsalam@practicalislamicfinance.comABOUT OUR PODCASTOur podcast is about helping people ethically build wealth. We cover a broad range of topics including stock and crypto investing, product reviews, and general financial well-being.DISCLAIMERAnything you hear in this video is an opinion. It is not personalized financial advice. Make sure you do your due diligence before making any investment decisions.

Daily Crypto News
April 17: ETF Dynamics, Staking, & AI Integration

Daily Crypto News

Play Episode Listen Later Apr 17, 2024 15:35


This week in cryptocurrency, the market experiences notable fluctuations and strategic advancements. Bitcoin ETFs have recorded their third consecutive day of net outflows, signaling a cautious or changing investor sentiment, even as the Grayscale Bitcoin Trust (GBTC) reports greater outflows than the inflows to new spot Bitcoin ETFs. Meanwhile, new developments in blockchain technology include the introduction of Bitcoin staking on its core chain, presenting a potential shift in how Bitcoin's consensus might be managed in the future. In Hong Kong, the newly launched Bitcoin and Ethereum ETFs have accumulated $25 billion in assets, illustrating significant regional growth, partly driven by an accommodating stance from China. Additionally, the merging of AI tokens introduces a complex layer of how artificial intelligence can be integrated within the blockchain space, indicating potential for innovation in smart contract applications. Lastly, Hans Zimmer's creation of an anthem for Tron by Justin Sun marks a unique crossover between high-profile artistic endeavors and cryptocurrency promotions, highlighting the growing intersection of entertainment and digital currencies. These developments reflect the dynamic interplay of technology, investment, and creative industries in shaping the future landscape of digital finance.________https://substack.com/@dcndailycryptonewshttps://www.udio.comNews Links

Tech Path Podcast
Bitcoin Crashing, Buy The Dip | Technical Analysis w/ Evan Aldo

Tech Path Podcast

Play Episode Listen Later Apr 17, 2024 30:54


The Grayscale Bitcoin Trust (GBTC) has been facing a notable decline, with over $166 million and more than 2,500 Bitcoin being withdrawn on Friday, April 12. This downturn in GBTC is mirrored by a general slowdown in inflows across other spot Bitcoin ETFs, pointing to a decrease in investor engagement in the sector.Guest: Evan AldoEvan Aldo Youtube Channel ➜ https://bit.ly/EvanAldo20% off Evan Aldo Course ➜ https://bit.ly/EvanCourse ➜  Use code "paulbarron"~This episode is sponsored by iTrust Capital~iTrustCapital | Get $100 Funding Reward + No Monthly Fees when you sign up using our custom link! ➜ https://bit.ly/iTrustPaul#Bitcoin #crypto #ethereum ~Bitcoin Crashing, Buy The Dip?

Proactive - Interviews for investors
Bitcoin bounces back after tough fortnight; ETFs still in focus - Crypto Roundup

Proactive - Interviews for investors

Play Episode Listen Later Jan 29, 2024 7:08


Proactive's William "Billy" Farrington, gives key insights into the current cryptocurrency market, particularly Bitcoin. Bitcoin experienced a sluggish week, dipping below $39,000 for the first time in a while, but saw a notable 3% rally against the US dollar, pushing it above $41,000. Farrington attributes this to positive US economic data and a consequent dip in the dollar index, fostering a favorable environment for Bitcoin. A significant focus was the recent approval of Bitcoin-linked ETFs in the US. Despite high expectations, Bitcoin's value dipped post-approval, a phenomenon Farrington describes as a "sell the news" situation, where the hype was already factored into Bitcoin's price. However, ETFs have seen substantial activity, with total inflows reaching $824 million and trading volumes surpassing $21 billion. Farrington also highlighted the outflows from the Grayscale Bitcoin Trust (GBTC), the largest of these ETFs. He explained that the high management fees of GBTC, at 1.5% yearly, are driving investors towards more cost-effective options. Despite Grayscale's claims of high liquidity and low spreads, the market currently favours lower-cost alternatives. Looking ahead, Farrington suggests monitoring the balance of inflows and outflows in these ETFs, as this could significantly impact Bitcoin's price. He remains cautious, noting that the market is still in a "sell the news" phase, but acknowledges the potential for positive momentum in the future. This interview provides valuable insights for those interested in cryptocurrency trends and the effects of macroeconomic factors on Bitcoin's value. ‌ #Cryptocurrency #Bitcoin #CryptoMarket #CryptoNews #BitcoinETF #BitcoinAnalysis #CryptoTrading #DigitalCurrency #Blockchain #Investment #Finance #EconomicData #MarketTrends #BitcoinPrice #TradingVolume #ETFTrading #CryptoInsights #MarketAnalysis #BitcoinUpdate #Proactive #WilliamFarrington #CryptoJournalism #CryptoRoundup #Investing #FinancialNews #EconomicTrends #CryptoEconomy #BitcoinOutlook #FinancialMarkets #CryptoStrategy #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Chain Reaction
Bitcoin spot ETFs has been approved in the U.S. (w/ Michael Sonnenshein)

Chain Reaction

Play Episode Listen Later Jan 10, 2024 20:53


For this week's bonus episode, Jacquelyn interviewed Michael Sonnenshein, the CEO at Grayscale Investments.Grayscale is a digital asset investment firm that aims to provide products and services to institutional and individual investors, it is well known for its Grayscale Bitcoin Trust (GBTC) and now, its new bitcoin spot ETF product. The company was founded in 2014 and is one of the world's largest digital asset currency managers. The GBTC fund holds over 3% of the outstanding bitcoin supply, worth tens of billions of dollars.The firm and its executives have made headlines in the past for their tenacious efforts to get their bitcoin spot ETF approved after it was originally denied by the U.S. Securities and Exchange Commission in June 2022 and later the D.C. Circuit Court of Appeals ruled in favor of it. And now, Grayscale's bitcoin spot ETF was approved. We dive into what a spot bitcoin ETF approval means for GBTC and market demand. We also discussed competition between issuers, fee structures and why regulated bitcoin exposure matters as well as what a spot bitcoin ETF could mean for the crypto space. Chain Reaction comes out every Thursday at 12:00 p.m. ET, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.

Tech Path Podcast
Cathie Wood Sells Entire Bitcoin Holdings | Crypto Technical Analysis

Tech Path Podcast

Play Episode Listen Later Jan 3, 2024 24:43


ARK Invest – the institutional asset management firm led by Cathie Wood – made a significant move by liquidating all of its remaining holdings in the Grayscale Bitcoin Trust (GBTC), totaling $200 million. In the previous month, GBTC stood as the largest holding in ARK's Next Generation Internet ETF. However, the asset management firm has now completely exited this position.~This episode is sponsored by LuxAlgo~LuxAlgo Discount! ➜ https://bit.ly/48rpHQx00:00 Intro00:31 Hashdex Bitcoin Ads Launch01:17 Cathie dumps $GBTC02:46 BTC Chart05:18 Coinbase08:06 BTC sell-off?10:04 Ethereum14:12 Uniswap17:07 Polygon19:05 Aave20:32 NEON23:46 Outro#Bitcoin #Ethereum #Crypto~Cathie Wood Sells Entire Bitcoin Holdings

Daily Crypto News
Dec 28: ARK's Bold Shift, Trump's ETH Dump, $1.8B Losses, & Airdrop Highlights

Daily Crypto News

Play Episode Listen Later Dec 28, 2023 7:14


This week in cryptocurrency brought a series of bold moves and reflective data. Cathie Wood's ARK Investment Management made a significant strategy shift by selling off its remaining shares in the Grayscale Bitcoin Trust (GBTC) to purchase $100 million in Bitcoin futures ETF, indicating a new direction in their investment approach. In the NFT space, former President Donald Trump reportedly offloaded millions in Ethereum following an underwhelming NFT venture, spotlighting the volatile nature of crypto assets tied to public figures. A stark reminder of the risks in the digital asset world, a report reveals that crypto users faced a staggering $1.8 billion in losses due to hacks and scams in 2023, underscoring the need for enhanced security measures. On a more positive note, the year witnessed some of the biggest crypto airdrops, with platforms like Arbitrum, Blur, Celestia, and Jito making notable distributions, highlighting new opportunities and rewards for active community members. Meanwhile, Bonk, a Solana-based meme coin, experiences a slowdown, reflecting the unpredictable ebb and flow of crypto token popularity.________News Links

The Scoop
Bloomberg analyst explains plan forward for spot bitcoin ETF: The SEC has been 'backed into a corner'

The Scoop

Play Episode Listen Later Dec 15, 2023 37:10


James Seyffart is an ETF Research Analyst for Bloomberg Intelligence. In this episode, Seyffart shares why he believes a spot bitcoin ETF approval is on the way and how the market might react to the news. Grayscale Investments' win against the SEC in August over its application to convert its flagship Grayscale Bitcoin Trust (GBTC) product into a spot bitcoin ETF is another major factor in the SEC's potential approval, Seyffart said. “I think the SEC has kind of been backed into a corner here by the judges basically throwing out every decision and reasoning it's used to deny an ETF in the past,” he added. “I think the SEC and Chair Gary Gensler know that they were overplaying their hand a bit and are kind of forced into a corner right now.” OUTLINE: 00:00 - Bitcoin ETFs Overview 04:30 - Bitcoin ETF Decision Timelines 07:47 - Spot Ethereum ETF Odds 09:54 - Spot Bitcoin ETF Odds 18:09 - Grayscale vs. SEC 24:35 - Crypto ETF Nuances 27:03 - Institutional BTC Demand 33:29 - Closing Thoughts

El Bit

Resumen de noticias de Bitcoin «El Bit», desde ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠La librería de Satoshi⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠, con la producción de ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Proyecto Bitcoin⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  Nuestras fuentes de hoy: Fiscalía busca impedir la salida de Changpeng Zhao de EE.UU. hasta febrero Descuento de Grayscale Bitcoin Trust (GBTC) ha disminuido a solo el 10% por primera vez desde julio de 2021. Apple desactiva cuenta de desarrollador de Zeus luego de mención en una demanda antimonopolio El suministro de Bitcoin inactivo durante un año alcanza un récord del 70% Al cierre, el precio de Bitcoin se mantiene alrededor de los 36.994 USD dólares por moneda Si te gusta nuestro contenido, ayúdanos a seguir entregándolo. Valor por valor todos ganamos: ⚡️ https://geyser.fund/project/proyectoencriptado  ⚡️ proyectobitcoin@getalby.com ⚡️ user73191561@fountain.fm

Special Situation Investing
Grayscale Bitcoin Trust (GBTC)

Special Situation Investing

Play Episode Listen Later Nov 11, 2023 16:26


The double barreled effect of arbitrage and the bitcoin halving on GBTCs share price.Show transcript can be found at: https://specialsituationinvesting.substack.comRemember you can support the show in the following ways:Consider switching to Fountain for all of your podcast needs. Fountain sources its content from the podcast index and allows users to receive and stream bitcoin micro payments between fans and content creators. Get payed just to listen or "boost" your favorite podcaster. To sign up for Strike visit the following link : https://strike.me/en/To get $10 for you and $10 for me at sign-up use referral code: ZEYDWPOr contribute to the show directly by visiting: https://buzzsprout.com/1923146Once on the shows website you can scan the QR code displayed and donate any amount of bitcoin to show your support. 

Investing with IBD
Ep. 240 Jeffrey Hirsch: Give Your Portfolio A Sober October

Investing with IBD

Play Episode Listen Later Oct 26, 2023 58:42


Trust the trader's almanac. Jeffrey Hirsch, editor of the Stock Trader's Almanac, joins Investor's Business Daily's “Investing with IBD” podcast to discuss how recent earnings from names like Microsoft (MSFT) to turmoil in the Middle East are affecting this year's seasonality. Get a preview of what's to come as 2023 in trades wraps up, and learn how to find names that fly under the radar of investors like Grayscale Bitcoin Trust (GBTC) and Super Micro Computer (SMCI). Learn more about your ad choices. Visit megaphone.fm/adchoices

ETF of the Week With Tom Lydon
ETF of the Week: Grayscale Bitcoin Trust (GBTC)

ETF of the Week With Tom Lydon

Play Episode Listen Later Oct 19, 2023 9:02


VettaFi's vice chairman Tom Lydon discussed the Grayscale Bitcoin Trust (GBTC) on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” 

ETF Prime
Grayscale's Craig Salm on Court Victory & What Comes Next for Spot Bitcoin ETFs

ETF Prime

Play Episode Listen Later Sep 6, 2023 49:08


Craig Salm, Chief Legal Officer at Grayscale, goes in-depth on the firm's recent court victory and explains what might happen next in their quest to convert the Grayscale Bitcoin Trust (GBTC) into an ETF.  Tom Lydon, Vice Chairman of VettaFi, discusses year-to-date ETF flows and current investor sentiment.

Tech Path Podcast
1236. Bitcoin ETF Delayed | What Now

Tech Path Podcast

Play Episode Listen Later Sep 2, 2023 17:32


On August 29, 2023, the U.S. Court of Appeals for the District of Columbia Circuit ruled that the SEC had erred in its denial of Grayscale Investments' application to convert its Grayscale Bitcoin Trust (GBTC) into a spot Bitcoin ETF. The court found that the SEC had failed to adequately explain its reasons for denying the application, and that it had not considered all of the relevant factors.This ruling was seen as a major victory for the crypto industry, and many analysts believed that it would pave the way for the SEC to approve other spot Bitcoin ETFs. However, on August 31, 2023, the SEC issued a statement saying that it would be extending its review period for all spot Bitcoin ETF applications. The agency said that it needed more time to consider the court's ruling and to assess the risks associated with these products.This decision has disappointed many in the crypto industry, who had hoped that the SEC would approve a spot Bitcoin ETF soon. However, it is important to note that the SEC has not actually denied any of the applications. It is still possible that the agency could approve one or more of these products in the future.The SEC's decision to extend its review period is likely due to a number of factors. One factor is the recent volatility in the crypto market. Bitcoin prices have fallen sharply in recent months, and the SEC may be concerned about the risks of market manipulation. Another factor is the lack of regulation in the crypto market. The SEC may be concerned about the lack of oversight of the underlying markets, and how this could affect investors.The SEC's decision is a setback for the crypto industry, but it is not a death knell. The agency is still considering the applications, and it is possible that it could approve one or more of them in the future. However, the delay is likely to dampen investor enthusiasm for these products, and it could make it more difficult for the crypto industry to gain mainstream acceptance.Here are some of the possible reasons why the SEC delayed its decision on spot Bitcoin ETFs:The SEC may be concerned about the risks of market manipulation in the crypto market.The SEC may not be convinced that the underlying markets for Bitcoin are sufficiently regulated.The SEC may be waiting for more clarity from Congress on the regulation of cryptocurrencies.The SEC may be simply taking its time to make a careful decision.Whatever the reason, the SEC's delay is a blow to the crypto industry, which had been hoping for a green light for spot Bitcoin ETFs. It remains to be seen whether the SEC will approve any of these products in the future.

Chain Reaction
Americans may get a bitcoin spot ETF soon (w/ Craig Salm)

Chain Reaction

Play Episode Listen Later Aug 31, 2023 14:15


Welcome to Chain Reaction. A podcast that unpacks and dives deep into the latest trends, drama and news in crypto with some of the biggest names in the industry to break things down block by block for the crypto curious. For this week's news episode, Jacquelyn interviewed Craig Salm, chief legal officer at Grayscale Investments.Grayscale is a digital asset investment firm that aims to provide products and services, like its Grayscale Bitcoin Trust (GBTC), to institutional and individual investors. The company was founded in 2014 and is one of the world's largest digital asset currency managers. It currently owns 3.4% of outstanding bitcoin, “worth tens of billions of dollars,” according to a recent legal filing. The firm was making headlines this week after the D.C. Circuit Court of Appeals ruled in favor of Grayscale in a lawsuit against the U.S. Securities and Exchange Commission (SEC) on the matter of a bitcoin ETF. This ruling is in response to the SEC denying Grayscale's application to convert its GBTC product into a bitcoin spot ETF in June 2022. We discussed why the ruling matters for Grayscale and its GBTC investment vehicle; as well as what it could mean for the crypto ecosystem and other firms like BlackRock, Citadel and Fidelity that also filed applications for bitcoin spot ETFs. We also talked about the SEC's argued difference between bitcoin futures ETFs, which have been approved by the agency, and bitcoin spot ETFs, which have not been approved by the agency. Not quite caught up on bitcoin ETFs? Here's some TechCrunch coverage:The SEC rejected bitcoin spot ETFs again. Now what?A bitcoin spot ETF could open the floodgates for wider crypto demandAs appeals court rules in favor of Grayscale, a bitcoin spot ETF could be on the horizonChain Reaction comes out every Thursday at 12:00 p.m. ET, so be sure to subscribe to us on  Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.

Late Confirmation by CoinDesk
THE HASH: Court Rules SEC Must Review Rejection of Grayscale's Bitcoin ETF Bid, Bitcoin Jumps 5%

Late Confirmation by CoinDesk

Play Episode Listen Later Aug 29, 2023 22:19


The most valuable crypto stories for Tuesday, August 29, 2023."The Hash" tackles today's hot topics, including a federal court ruling that the SEC must review its rejection of Grayscale Investments' attempt to convert the Grayscale Bitcoin Trust (GBTC) into an ETF. Bitcoin is surging on the news. Grayscale and CoinDesk are both owned by DCG. Separately, the SEC issued its first NFT-related enforcement action. And, some former FTX users are getting hit by a new phishing attack on their FTX-registered emails.See also:Bitcoin Jumps 5% on Grayscale Ruling, While Crypto-Related Stocks Soar More Than 10%DCG Reaches Crucial In-Principle Deal With Genesis Creditors, Recoveries Could Be Up to 90%FTX Customers Hit by 'Withdrawal' Phishing Mails After SIM Swap AttackThis episode has been edited by senior producer Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.”See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Tech Path Podcast
1231. SEC Loses MAJOR Grayscale Lawsuit!

Tech Path Podcast

Play Episode Listen Later Aug 29, 2023 14:50


The crypto markets have been on a downward trend in recent months, but they took a sharp turn upwards on Tuesday following the news of Grayscale's victory against the SEC. The SEC had previously rejected Grayscale's application to convert its Grayscale Bitcoin Trust (GBTC) into an ETF, but a federal judge ruled on Tuesday that the SEC must reconsider its decision.ShareThe judge's ruling was a major victory for Grayscale and the crypto industry as a whole. It is seen as a sign that the SEC is becoming more open to the idea of allowing spot bitcoin ETFs, which would make it easier for investors to buy and sell bitcoin through traditional brokerage accounts.The price of bitcoin rose by more than 7% in the hours following the ruling, and other cryptocurrencies also saw significant gains. The broader crypto market capitalization also rose by more than $100 billion.The SEC has not yet said whether it will appeal the ruling, but it is likely to do so. However, even if the SEC does appeal, the ruling is a major setback for the regulator and could make it more difficult for the SEC to continue to block spot bitcoin ETFs.The ruling is also a positive sign for the future of the crypto industry. It shows that the SEC is taking the industry seriously and is willing to consider its applications for new products. This could pave the way for more innovation and investment in the crypto space.Here are some of the reasons why the crypto markets turned green following Grayscale's victory:The ruling was seen as a sign that the SEC is becoming more open to the idea of allowing spot bitcoin ETFs. This would make it easier for investors to buy and sell bitcoin through traditional brokerage accounts, which could lead to increased demand for bitcoin.The ruling was also seen as a victory for the crypto industry as a whole, and it could boost investor confidence in the space.The ruling came at a time when the crypto markets were already on a downward trend, and it could provide some much-needed relief to investors.It is still too early to say what the long-term impact of the ruling will be, but it is a positive development for the crypto industry and could lead to more innovation and investment in the space.

The Hash
Court Rules SEC Must Review Rejection of Grayscale's Bitcoin ETF Bid, Bitcoin Jumps 5%

The Hash

Play Episode Listen Later Aug 29, 2023 22:19


The most valuable crypto stories for Tuesday, August 29, 2023."The Hash" tackles today's hot topics, including a federal court ruling that the SEC must review its rejection of Grayscale Investments' attempt to convert the Grayscale Bitcoin Trust (GBTC) into an ETF. Bitcoin is surging on the news. Grayscale and CoinDesk are both owned by DCG. Separately, the SEC issued its first NFT-related enforcement action. And, some former FTX users are getting hit by a new phishing attack on their FTX-registered emails.See also:Bitcoin Jumps 5% on Grayscale Ruling, While Crypto-Related Stocks Soar More Than 10%DCG Reaches Crucial In-Principle Deal With Genesis Creditors, Recoveries Could Be Up to 90%FTX Customers Hit by 'Withdrawal' Phishing Mails After SIM Swap AttackThis episode has been edited by senior producer Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.”See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

What Bitcoin Did
Busting the GBTC Trust with David Bailey - WBD655

What Bitcoin Did

Play Episode Listen Later May 8, 2023 61:48


David Bailey is the co-founder & CEO of BTC Inc. In this interview, we discuss the upcoming Bitcoin Conference in Miami, the ongoing saga with Genesis, Grayscale & DCG, as well as the Redeem GBTC campaign that David has been spearheading. - - - -  Grayscale Bitcoin Trust (GBTC) is a trust product offered by Grayscale, a company owned by Digital Currency Group (DCG). GBTC allows investors to gain exposure to Bitcoin through more traditional investment channels, and currently, Grayscale manages approximately $18.1 billion across various funds. However, Grayscale is facing some significant issues. Since early 2021, GBTC has been trading below its net asset value (NAV) at a discount rate of around -36%. GBTC holders are unable to redeem their shares for the underlying asset and must accept this discount if they want to sell their shares on the open market. To address this, David Bailey has set up the Redeem GBTC campaign to push Grayscale to open withdrawals and allow GBTC holders to access the underlying Bitcoin with minimal impact on the Bitcoin market. Allowing redemptions could also potentially bring the heavy discount to NAV back closer to par.

What Bitcoin Did
Busting the GBTC Trust with David Bailey

What Bitcoin Did

Play Episode Listen Later May 8, 2023 61:48


“Where there's smoke, there's fire, and there's so much fucking smoke at DCG you can't breathe.”— David BaileyDavid Bailey is the co-founder & CEO of BTC Inc. In this interview, we discuss the upcoming Bitcoin Conference in Miami, the ongoing saga with Genesis, Grayscale & DCG, as well as the Redeem GBTC campaign that David has been spearheading.- - - - Grayscale Bitcoin Trust (GBTC) is a trust product offered by Grayscale, a company owned by Digital Currency Group (DCG). GBTC allows investors to gain exposure to Bitcoin through more traditional investment channels, and currently, Grayscale manages approximately $18.1 billion across various funds.However, Grayscale is facing some significant issues. Since early 2021, GBTC has been trading below its net asset value (NAV) at a discount rate of around -36%. GBTC holders are unable to redeem their shares for the underlying asset and must accept this discount if they want to sell their shares on the open market.To address this, David Bailey has set up the Redeem GBTC campaign to push Grayscale to open withdrawals and allow GBTC holders to access the underlying Bitcoin with minimal impact on the Bitcoin market. Allowing redemptions could also potentially bring the heavy discount to NAV back closer to par.- - - - This episode's sponsors:Iris Energy - Bitcoin Mining. Done Sustainably Ledn - Financial services for Bitcoin hodlersBitcasino - The Future of Gaming is hereLedger - State of the art Bitcoin hardware walletWasabi Wallet - Privacy by defaultUnchained - Secure your bitcoin with confidence-----WBD655 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.

Mailbox Money
A Crypto Discussion with Nate Geraci

Mailbox Money

Play Episode Listen Later Mar 26, 2023 38:33


In this episode we have special guest, Nate Geraci, on the show to discuss crypto and the Grayscale Bitcoin Trust (GBTC). Our firm offers Freedom Day Crypto Assets, an actively managed crypto strategy with direct ownership of cryptocurrency and all of the intrinsic benefits of the asset class. There are many ways to own cryptocurrencies, and while our preferred method is directly held crypto assets, we wanted to open the discussion to the entire ecosystem and gain a deeper understanding of the current market situation. We asked Nate to come on the show to share his knowledge on the current situation with Grayscale and other exchange-traded crypto products. "A rising tide lifts all boats" is something we truly believe in, and we are excited to see the continued growth of cryptocurrencies and related exchange-traded products. There have been tremendous advancements and opportunities as cryptocurrency and traditional finance have crossed paths and are striving to become more intertwined. These advancements have been met with roadblocks, including a heated lawsuit between Grayscale and the SEC, crypto failures and frauds, and an uncertain path forward regarding exchange traded crypto products and strategies. We hope you enjoy our discussion and we are happy to answer any questions you might have! Nate is the President of the ⁠ETF Store⁠, a fee-based Registered Investment Advisory firm, Host of the popular podcast ⁠ETF Prime⁠, and the founder of the ⁠ETF Institute⁠. You can follow Nate on Twitter ⁠here⁠. -------------------------- To schedule a meeting with our team, email us: team@freedomdaysolutions.com www.freedomdaysolutions.com/crypto

The Dorian Show
Ep 39 Making Bad Investments

The Dorian Show

Play Episode Listen Later Mar 26, 2023 26:27


I love making bad investments. Here are a few I'm pondering about buying: Brazilian Oil Company, Petrobras (PBR-A); Cobalt Drilling, Glencore (GLNCY), Farmland REIT, Gladstone Land Corp (LAND), and Grayscale Bitcoin Trust (GBTC). Let me know which I should buy?

The Scoop
Grayscale CEO breaks down his firm's legal strategy against the SEC

The Scoop

Play Episode Listen Later Mar 9, 2023 43:35


Michael Sonnenshein is the CEO of Grayscale — the digital asset manager embattled in a court case against the Securities and Exchange Commission over the agency's refusal to convert Grayscale's flagship product, the Grayscale Bitcoin Trust (GBTC), into a spot Bitcoin ETF. In this episode, Sonnenshein explains why a spot Bitcoin ETF could have shielded many U.S. market participants from the crypto 'carnage' of 2022, and how Grayscale's veteran legal team is working to ensure GBTC holders receive the most favorable possible outcome. During this episode, Chaparro and Sonnenshein also discuss: What will happen if Grayscale exhausts all its legal options Why Grayscale is waiting to lower its management fees How a spot Bitcoin ETF will draw more capital to crypto This episode is brought to you by our sponsors Circle, Railgun, Flare Network About Circle Circle is a global financial technology company helping money move at internet speed. Our mission is to raise global economic prosperity through the frictionless exchange of value. Visit Circle.com to learn more. About Railgun Railgun is a private DeFi solution on Ethereum, BSC, Arbitrum and Polygon. Shield any ERC-20 token and any NFT into a Private Balance and let Railgun's zero-knowledge cryptography encrypt your address, balance and transaction history. You can also bring privacy to your project with Railgun SDK, and be sure to check out Railgun with partner project Railway Wallet, also available on iOS and Android. Visit Railgun.org to find out more. About Flare Flare is an EVM-based Layer 1 blockchain designed to allow developers to build applications that can use data from other blockchains and the internet. By providing decentralized access to a wide variety of high-integrity data from other blockchains and the internet, Flare enables new use cases and monetization models. Build better and connect everything at Flare.Network.

What Bitcoin Did
Grayscale, the SEC & Genesis with Michael Sonnenshein - WBD623

What Bitcoin Did

Play Episode Listen Later Feb 24, 2023 82:43


Michael Sonnenshein is the CEO of Grayscale. In this interview, we discuss Grayscale's lawsuit with the SEC, Genesis's lending practices and bankruptcy, GBTC and the intercompany relationships at DCG. - - - - The Grayscale Bitcoin Trust (GBTC) brought institutional investment into Bitcoin and helped Bitcoin to mature. Launched in 2013, as a subsidiary of the Digital Currency Group (DCG), it was devised as an official means of gaining exposure to Bitcoin for high-net-worth entities. Many, including Grayscale, have sought to provide a spot price ETF, but, in the absence of SEC approval, GBTC has served as an attractive alternative investment vehicle. In November 2021, GBTC had over $43 billion AUM. GBTC is one of many funds Grayscale provides covering a plethora of digital assets, including Ethereum, Solana, Zcash and Bitcoin Cash. However, GBTC is the most dominant: at this moment GBTC represents nearly 75% of Grayscale's total AUM. With its 2% annual fee based on Bitcoin's spot price, GBTC is a valuable part of Grayscale and DCG's portfolio. At the current Bitcoin price, GBTC commands approximately $420m in fees. Grayscale is currently dealing with some major issues. Since early 2021 GBTC has been trading below its net asset value (NAV). This discount is currently hovering around all-time lows at 46%. GBTC holders cannot redeem their shares for the underlying asset. They have to sell their shares in an open market and shoulder this discount. Those not forced to sell feel effectively trapped. Grayscale is subject to a number of investor lawsuits, and an activist campaign seeking to unseat Grayscale as the manager of GBTC. Concurrently, Grayscale is suing the SEC over the latter's refusal to convert GBTC into an ETF. The mechanisms of an ETF allow for arbitrage trading keeping the share price aligned with NAV. This is Grayscale's strategy for reducing the current GBTC discount. Grayscale has also been caught up in the bankruptcy of the crypto lending firm Genesis, another subsidiary of DCG. According to a Financial Times report, DCG is selling shares in Grayscale funds, “at a steep discount” to pay back Genesis creditors. There are more fundamental questions about the role of Genesis's lending. According to Bitcoinist, the failed hedge fund Three Arrows Capital took a $2.36 billion loan from Genesis backed by 17 million GBTC shares.

What Bitcoin Did
Grayscale, the SEC & Genesis with Michael Sonnenshein

What Bitcoin Did

Play Episode Listen Later Feb 24, 2023 82:42


“A lot of regulators all around the world are looking to see how US regulators treat Bitcoin…I would say that anybody who is broadly involved in the crypto space, you want to see Grayscale win this lawsuit.”— Michael SonnensheinMichael Sonnenshein is the CEO of Grayscale. In this interview, we discuss Grayscale's lawsuit with the SEC, Genesis's lending practices and bankruptcy, GBTC and the intercompany relationships at DCG. - - - - The Grayscale Bitcoin Trust (GBTC) brought institutional investment into Bitcoin and helped Bitcoin to mature. Launched in 2013, as a subsidiary of the Digital Currency Group (DCG), it was devised as an official means of gaining exposure to Bitcoin for high-net-worth entities. Many, including Grayscale, have sought to provide a spot price ETF, but, in the absence of SEC approval, GBTC has served as an attractive alternative investment vehicle. In November 2021, GBTC had over $43 billion AUM. GBTC is one of many funds Grayscale provides covering a plethora of digital assets, including Ethereum, Solana, Zcash and Bitcoin Cash. However, GBTC is the most dominant: at this moment GBTC represents nearly 75% of Grayscale's total AUM. With its 2% annual fee based on Bitcoin's spot price, GBTC is a valuable part of Grayscale and DCG's portfolio. At the current Bitcoin price, GBTC commands approximately $420m in fees.Grayscale is currently dealing with some major issues. Since early 2021 GBTC has been trading below its net asset value (NAV). This discount is currently hovering around all-time lows at 46%. GBTC holders cannot redeem their shares for the underlying asset. They have to sell their shares in an open market and shoulder this discount. Those not forced to sell feel effectively trapped. Grayscale is subject to a number of investor lawsuits, and an activist campaign seeking to unseat Grayscale as the manager of GBTC. Concurrently, Grayscale is suing the SEC over the latter's refusal to convert GBTC into an ETF. The mechanisms of an ETF allow for arbitrage trading keeping the share price aligned with NAV. This is Grayscale's strategy for reducing the current GBTC discount. Grayscale has also been caught up in the bankruptcy of the crypto lending firm Genesis, another subsidiary of DCG. According to a Financial Times report, DCG is selling shares in Grayscale funds, “at a steep discount” to pay back Genesis creditors. There are more fundamental questions about the role of Genesis's lending. According to Bitcoinist, the failed hedge fund Three Arrows Capital took a $2.36 billion loan from Genesis backed by 17 million GBTC shares.- - - - This episode's sponsors:Gemini - Buy Bitcoin instantlyLedn - Financial services for Bitcoin hodlersBitcasino - The Future of Gaming is hereLedger - State of the art Bitcoin hardware walletCasa - The leading provider of Bitcoin multisig key securityWasabi Wallet - Privacy by default-----WBD623 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.

ETF Prime
Ecommerce ETFs, GBTC, & Thematic Investing

ETF Prime

Play Episode Listen Later Jan 24, 2023 61:55


VettaFi's Roxanna Islam goes in-depth on ecommerce and various ETFs covering the segment.  Grayscale's Dave LaValle offers the latest on their lawsuit against the SEC in an attempt to convert the Grayscale Bitcoin Trust (GBTC) into an ETF.  Goldman Sachs Asset Management's Marissa Ansell highlights the firm's approach to actively managed, thematic investing.

Tech Path Podcast
945. Is $GBTC Bitcoin "Trust" a Massive Scam? w/ Greg Foss

Tech Path Podcast

Play Episode Listen Later Jan 13, 2023 38:22


The situation surrounding Digital Currency Group (DCG) has continued to intensify over the past few days instead of easing. The fate of Genesis Trading, Digital Currency Group (DCG) and the Grayscale Bitcoin Trust (GBTC) continues to hang by a thread after Cameron Winklevoss took another step in the escalation over Gemini Earn customer funds with a new open letter on Tuesday. For Grayscale, however, the current battle is also about continuing to fight on the front lines against the U.S. Securities and Exchange Commission. Does $GBTC have too many scam-red flags?Guest: Greg Foss - Executive Director l Validus Power CorpFollow Greg on Twitter ➜ https://twitter.com/foss_sammy~This episode is sponsored by Trezor~Trezor website ➜ https://trezor.go2cloud.org/aff_c?offer_id=134&aff_id=32241

Unchained
Adam Cochran on Why Crypto Prices Will Be Down Bad for the Next Six Months - Ep. 427

Unchained

Play Episode Listen Later Dec 2, 2022 34:58


Adam Cochran, partner at Cinneamhain Ventures, talks about the collapses suffered during this year, their impacts on big traditional finance players, and what's coming in the crypto markets in the near future.  Show highlights: whether Sam Bankman-Fried lied during his interview at the Deal Book Summit why SBF kept the number of FTX's engineers at such a low number why Adam is optimistic about Genesis and DCG what options Genesis have to raise liquidity the significance of a potential meltdown of DCG in the crypto industry why Adam is worried about Grayscale Bitcoin Trust (GBTC) what lessons can be learned from this crypto winter Adam's prognosis for crypto lending and for the crypto markets in general the impact of the bankruptcy of BlockFi and all the other centralized lenders Take Unchained's 2022 survey!   Unchained is doing its annual survey. Tell us how you think we're doing and how we could improve, whether it be on the podcast, in the newsletter, or in our premium offering. Looking forward to hearing your thoughts!  Thank you to our sponsors!Crypto.com Adam: Twitter Thread on community buyout Previous Unchained episodes: Why 3AC's Collapse Could Spell the Start of a Crypto Credit Crunch Episode Links BlockFi:  Unchained: Crypto Lender BlockFi Files for Bankruptcy as FTX's Contagion Effects Continue Decrypt: FTX, Alameda Owe BlockFi More Than $1 Billion: Court Hearing Genesis: Bloomberg: Genesis Creditors Seek Options to Keep Crypto Brokerage Out of Bankruptcy Semafor: Online news site CoinDesk attracts suitors amid crypto crash Unchained:  Genesis Warns of Bankruptcy If Funding Plans Fail: Report On-chain Analysts ID 432 GBTC Addresses After Grayscale Says No to Proof-of-Reserves WSJ: Crypto Lender Genesis Asks Binance and Apollo for Cash Decrypt: Digital Currency Group Says No Imminent Threat Despite Owing Genesis $575M The Block: DCG CEO Barry Silbert updates shareholders, says company will emerge 'stronger' Previous coverage of Unchained on Genesis: Why Genesis Could Very Well Be Insolvent, Not Just Illiquid ‘The Last Big Whale': Why the Crypto Contagion of 2022 Eventually Hit Genesis FTX: Unchained: FTX Bankruptcy Overseer Says Company's Collapse Is Worst He's Ever Seen Previous coverage of Unchained on FTX: Jesse Powell and Kevin Zhou on How FTX and Alameda Lost $10 Billion Is the Collapse of Crypto Lending Over, or Is It Just Starting? Did the Bahamian Government Direct SBF and Gary Wang to Hack FTX? The Chopping Block: Why Lenders Didn't Liquidate Alameda When It Was Underwater  Erik Voorhees and Cobie on Why FTX Loaned Out Customers' Assets The Chopping Block: FTX: The Biggest Collapse in the History of Crypto? Sam Bankman-Fried on How to Prevent the Next Terra and 3AC Learn more about your ad choices. Visit megaphone.fm/adchoices

Unchained
Adam Cochran on Why Crypto Prices Will Be Down Bad for the Next Six Months - Ep. 427

Unchained

Play Episode Listen Later Dec 2, 2022 34:58


Adam Cochran, partner at Cinneamhain Ventures, talks about the collapses suffered during this year, their impacts on big traditional finance players, and what's coming in the crypto markets in the near future.  Show highlights: whether Sam Bankman-Fried lied during his interview at the Deal Book Summit why SBF kept the number of FTX's engineers at such a low number why Adam is optimistic about Genesis and DCG what options Genesis have to raise liquidity the significance of a potential meltdown of DCG in the crypto industry why Adam is worried about Grayscale Bitcoin Trust (GBTC) what lessons can be learned from this crypto winter Adam's prognosis for crypto lending and for the crypto markets in general the impact of the bankruptcy of BlockFi and all the other centralized lenders Take Unchained's 2022 survey!   Unchained is doing its annual survey. Tell us how you think we're doing and how we could improve, whether it be on the podcast, in the newsletter, or in our premium offering. Looking forward to hearing your thoughts!  Thank you to our sponsors!Crypto.com Adam: Twitter Thread on community buyout Previous Unchained episodes: Why 3AC's Collapse Could Spell the Start of a Crypto Credit Crunch Episode Links BlockFi:  Unchained: Crypto Lender BlockFi Files for Bankruptcy as FTX's Contagion Effects Continue Decrypt: FTX, Alameda Owe BlockFi More Than $1 Billion: Court Hearing Genesis: Bloomberg: Genesis Creditors Seek Options to Keep Crypto Brokerage Out of Bankruptcy Semafor: Online news site CoinDesk attracts suitors amid crypto crash Unchained:  Genesis Warns of Bankruptcy If Funding Plans Fail: Report On-chain Analysts ID 432 GBTC Addresses After Grayscale Says No to Proof-of-Reserves WSJ: Crypto Lender Genesis Asks Binance and Apollo for Cash Decrypt: Digital Currency Group Says No Imminent Threat Despite Owing Genesis $575M The Block: DCG CEO Barry Silbert updates shareholders, says company will emerge 'stronger' Previous coverage of Unchained on Genesis: Why Genesis Could Very Well Be Insolvent, Not Just Illiquid ‘The Last Big Whale': Why the Crypto Contagion of 2022 Eventually Hit Genesis FTX: Unchained: FTX Bankruptcy Overseer Says Company's Collapse Is Worst He's Ever Seen Previous coverage of Unchained on FTX: Jesse Powell and Kevin Zhou on How FTX and Alameda Lost $10 Billion Is the Collapse of Crypto Lending Over, or Is It Just Starting? Did the Bahamian Government Direct SBF and Gary Wang to Hack FTX? The Chopping Block: Why Lenders Didn't Liquidate Alameda When It Was Underwater  Erik Voorhees and Cobie on Why FTX Loaned Out Customers' Assets The Chopping Block: FTX: The Biggest Collapse in the History of Crypto? Sam Bankman-Fried on How to Prevent the Next Terra and 3AC Learn more about your ad choices. Visit megaphone.fm/adchoices

Forward Guidance
Liquidity In Crypto Is Declining | Scott Freeman

Forward Guidance

Play Episode Listen Later Nov 24, 2022 51:17


Scott Freeman, co-founder and partner at JST Capital, a financial services firm focused 100% on digital assets, joins Jack to explain just what the hell is going on in crypto after the spectacular collapse of Sam Bankman-Fried's (“SBF”) crypto empire, consisting of the crypto exchange FTX and the hedge fund Alameda Research. Freeman tells Jack that he judges the state of the crypto market using three key factors: liquidity, leverage, and volatility. Liquidity falls after big market events, so liquidity is poor and might even get worse in the short-term. Freeman argues that volatility might fall, however, as leverage is wrung from the system, and he also shares his fall on the crypto lender Genesis, whose fate hangs in the balance, as well as the Grayscale Bitcoin Trust ($GBTC), which is owned by the same parent company, Digital Currency Group (DCG). This interview was filmed the afternoon of November 22nd, 2022.  Follow Jack Farley on Twitter https://rb.gy/uesguv Follow Forward Guidance on Twitter https://rb.gy/cy0dki Follow Blockworks on Twitter https://rb.gy/igyzsj ___ Join Kraken, Binance, Arrington Capital, and 2000 others in heading to Dubai this fall for Algorand's DECIPHER conference, happening November 28-30. Tickets are available now -- use code DecipherFam22 for 25% off: https://www.decipherevent.com ___ Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://rb.gy/5weeyw Market commentary, charts, degen trade ideas, governance updates, token performance, can't-miss-tweets and more. Subscribe to the Blockworks Research “Daily Debrief” Newsletter: https://rb.gy/feusos __ Timestamps: (00:00) Intro (00:35) Scott Freeman's Background (04:27) Early Trading in Crypto in 2014 and 2015 (09:06) Crypto in 2020 (12:01) Crypto Liquidity Has Declined In 2022 (15:25) Leverage, Futures, and Options in Crypto (19:23) Where Does Yield Come From? (20:42) Was the Fall of Celsius Surprising? (22:07) Algorand Ad (23:52) Alameda & FTX (29:41) The Myth of Sam Bankman-Fried (34:58) Credit Risk on CeFi Crypto Exchanges (39:06) Cold Storage and Decentralized Exchanges ("DEX"es) (40:13) General Market Outlook (42:30) Genesis, Digital Currency Group (DCG), and Grayscale Bitcoin Trust (GBTC) (49:07) Is There A Silver Lining? __ Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Late Confirmation by CoinDesk
THE HASH: Binance's CZ Reportedly Met with Middle East Investors for Crypto Recovery Fund; Cathie Wood's Latest Moves

Late Confirmation by CoinDesk

Play Episode Listen Later Nov 22, 2022 26:55


This episode is sponsored by minima.global and Circle.The most valuable crypto stories for Tuesday, Nov. 22, 2022."The Hash" hosts discuss how Binance CEO Changpeng "CZ" Zhao has been meeting with investors in Abu Dhabi, seeking cash for the exchange's crypto recovery fund, according to a Bloomberg report. Meanwhile, Cathie Wood's Ark Investment Management just bought $1.5 million worth of Grayscale Bitcoin Trust (GBTC) on Monday. "The Hash" team discuss the latest headlines impacting the crypto industry..See also:Tornado Cash Developer Alexey Pertsev to Remain in Jail Until at Least Late FebruraryBinance CEO Seeking Funds From Middle East Investors for Crypto Recovery Fund: Bloomberg-This episode has been edited by Nia Freeman. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”-Minima is a new layer 1 blockchain, designed to run in full on a smartphone. Join over 300,000 Minima node runners on the Incentive Program today, to start earning $MINIMA every day until Mainnet launch. Get your node setup and earn $MINIMA at minima.global/get-involved. -Circle, the sole issuer of the trusted and reliable stablecoin USDC, is our sponsor for today's show. USDC is a fast, cost-effective solution for global payments at internet speeds. Learn how businesses are taking advantage of these opportunities at Circle's USDC Hub for Businesses.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Tech Path Podcast
864. Grayscale Massive Bitcoin Dump Coming? w/ Greg Foss

Tech Path Podcast

Play Episode Listen Later Nov 21, 2022 41:51


The FTX Contagion effects do not even stop at the largest institutional Bitcoin product on the market, the Grayscale Bitcoin Trust (GBTC). As a result of the bankruptcy of Sam Bankman-Fried's crypto exchange, the discount to the NAV of Grayscale's GBTC fund has fallen to around -40%. Recent events have led Grayscale Bitcoin Trust to become potentially the single biggest risk to the Bitcoin market. Guest: Greg Foss - Executive Director l Validus Power CorpFollow Greg on Twitter ➜ https://twitter.com/foss_sammy

TD Ameritrade Network
Coinbase (COIN) Plummets Along With Bitcoin

TD Ameritrade Network

Play Episode Listen Later Jun 13, 2022 5:41


Coinbase (COIN) is a fintech company providing end-to-end financial infrastructure and technology for the cryptoeconomy. George Tsilis discusses COIN as it falls along with the Bitcoin (/BTC) downturn. He compares COIN to Grayscale Bitcoin Trust (GBTC) and Invesco QQQ Trust (QQQ). He talks about the outlook for COIN as cryptocurrencies plummet. He then demonstrates an example trade using COIN. Tune in to find out more.

Remo Uherek
#069: GBTC Discount: Will it ever go away?

Remo Uherek

Play Episode Listen Later Jan 25, 2022 12:18


Will the GBTC discount ever go away? The Grayscale Bitcoin Trust (GBTC) recently traded for a record discount of 30% to the underlying Bitcoin value. I did some deep research, and here are the 3 main ways the discount could disappear. Sign up with this link and get $30 of DFI after you deposit $50 into Cake DeFi: https://app.cakedefi.com?ref=424819 Check out my course on personal finance and investing https://courses.remo.org/p/building-wealth (use code "TESLA50" for 50% off) For detailed show notes, check out the YouTube description to this video: https://youtu.be/PTAfM9NxXUM Social: Blog: https://remo.org Twitter: https://twitter.com/remouherek I'm Remo Uherek, investor, writer, and former startup founder, based in Basel, Switzerland. Retired from startups after 15 years. Today, I'm a private investor, help to run a real estate portfolio and write about health, wealth, love, and happiness. I teach online courses and am obsessed with innovation, Tesla and Elon Musk. Please subscribe if you want to hear more episodes like this. (This episode was originally published on YouTube: https://youtu.be/PTAfM9NxXUM) --- Send in a voice message: https://anchor.fm/remouherek/message

Remo Uherek
#065: Is GBTC a good investment? (now trading at BIGGEST DISCOUNT ever!)

Remo Uherek

Play Episode Listen Later Jan 14, 2022 6:53


Is GBTC a good investment? The Grayscale Bitcoin Trust (GBTC) is currently trading at a 22.7% discount to the underlying Bitcoin value. In this video I give you the pros and cons about this investing opportunity and talk about the latest news regarding their Spot ETF approval. Sign up with this link and get $30 of DFI after you deposit $50 into Cake DeFi: https://app.cakedefi.com?ref=424819 Check out my course on personal finance and investing https://courses.remo.org/p/building-wealth (use code "TESLA50" for 50% off) For detailed show notes, check out the YouTube description to this video: https://youtu.be/amocLJUicN4 Social: Blog: https://remo.org Twitter: https://twitter.com/remouherek I'm Remo Uherek, investor, writer, and former startup founder, based in Basel, Switzerland. Retired from startups after 15 years. Today, I'm a private investor, help to run a real estate portfolio and write about health, wealth, love, and happiness. I teach online courses and am obsessed with innovation, Tesla and Elon Musk. Please subscribe if you want to hear more episodes like this. (This episode was originally published on YouTube: https://youtu.be/amocLJUicN4) --- Send in a voice message: https://anchor.fm/remouherek/message

Remo Uherek
#54: Interactive Brokers: Why Grayscale Bitcoin Trust (GBTC) was BANNED in Switzerland and UK. Now what?!

Remo Uherek

Play Episode Listen Later Dec 2, 2021 4:46


Why crypto assets like Grayscale Bitcoin Trust (GBTC) cannot be purchased anymore on Interactive Brokers in countries like Switzerland or UK, and what to do about it. Check out my course on personal finance and investing https://courses.remo.org/p/building-wealth (use code "TESLA50" for 50% off) For detailed show notes, check out the YouTube description to this video: https://youtu.be/VF-f-Lf7gg8 Social: Blog: https://remo.org Twitter: https://twitter.com/remouherek I'm Remo Uherek, investor, writer, and former startup founder, based in Basel, Switzerland. Retired from startups after 15 years. Today, I'm a private investor, help to run a real estate portfolio and write about health, wealth, love, and happiness. I teach online courses and am obsessed with innovation, Tesla and Elon Musk. Please subscribe if you want to hear more episodes like this. (This episode was originally published on YouTube: https://youtu.be/VF-f-Lf7gg8) --- Send in a voice message: https://anchor.fm/remouherek/message

Dave's Daily Crypto Take
DDCT #88 - 11/26/2021 (Patch of Virtual “Land” Has Been Sold for $2.4 Million in Cryptocurrency)

Dave's Daily Crypto Take

Play Episode Listen Later Nov 26, 2021 23:15


#Bitcoin #decentraland #sandboxI'd like to welcome everyone to my new PODCASTDave's Daily Crypto TakeIn this channel I will be providing you with news on a daily basis about cryptocurrency, bitcoin, blockchain, FIAT. My main purpose is to share UNBIASED news and updates. Ultimately I learn and hopefully you learn while I go on this journey.ARTICLES used in today's video:https://decrypt.co/86820/morgan-stanley-grayscale-bitcoin-shares-heavy-discount?utm_medium=referral&utm_campaign=feed&utm_source=flipboardMorgan Stanley Adds More Grayscale Bitcoin Shares Despite Heavy DiscountMorgan Stanley, one of the largest investment banks in the U.S., has increased its Bitcoin exposure to over $300 million by purchasing additional shares of the Grayscale Bitcoin Trust (GBTC) for three of its funds during the third quarter.In an SEC filing this week, the Morgan Stanley Institutional Fund's Growth Portfolio reported holding 3,642,118 shares of GBTC at the end of Q3, compared to 2,130,153 at the end of Q2, an increase of 71%.https://ambcrypto.com/heres-how-metaverse-can-become-a-trillion-dollar-industry/Metaverse shows potential to become a trillion dollar industry, transform Web3.0If cryptoverse doesn't sound exciting enough, well then we have a Metaverse in the making. This new-age technology aims to revolutionize the internet. In fact, it is a push towards Web 3.0. Well, the question is- how? Interestingly, this was something the investment giants like Grayscale had been trying to study too.In the same context, the company released a report focused on the upcoming tech titled “The Metaverse, Web 3.0 Virtual Cloud Economies.” Authored by its research head David Grider and analyst Matt Maximo, it predicted the industry's potential to become a trillion-dollar industry in a few years.https://www.dmarge.com/2021/11/the-sandbox-too-late-to-buy.htmlThe Sandbox Crypto Keeps Blowing Up. Is It Too Late To Buy?The Sandbox's native token (CRYPTO: SAND) has rallied over 600% since Facebook's rebrand as Meta and 25% since Adidas appeared to confirm a partnership with it (in a tweet). But what is it? The Sandbox is an ethereum based blockchain project which lets users play in a virtual world (kind of like Mindcraft), creating and exploring galaxies.It used to be a mobile and PC game, but was acquired by Animoca Brands in August 2018 (and was brought into the blockchain).https://ambcrypto.com/cardano-polkadot-ethereum-classic-price-analysis-24-november/Cardano, Polkadot, Ethereum Classic Price Analysis: 24 NovemberThe month of November marked mixed feelings for the investors. Most cryptos attained their monthly milestones or ATH during this month, followed by a dynamic flip to the lower side.Since the past two weeks, most cryptos have projected an overall bearish outlook. Accordingly, altcoins like Cardano, Polkadot and Ethereum Classic noted double-digit losses over the past two weeks.https://greekreporter.com/2021/11/25/virtual-land-cryptocurrency/Patch of Virtual “Land” Has Been Sold for $2.4 Million in CryptocurrencyA plot of virtual land in Decentraland has been bought for $2.4 million dollars worth of cryptocurrency on Monday.Decentraland is an online metaverse landscape whose space and items are backed by the Ethereum blockchain. Users participate in this world by purchasing land and things as non-fungible tokens (NFTs) with Decentraland's cryptocurrency MANA. https://alternative.me/crypto/fear-and-greed-index/https://coinmarketcap.com/Please subscribe, like, and share so that more and more people can view this content.DISCLAIMER: I will never give any financial advice. And my channel is not considered official Financial Advice. Please do your research before purchasing any cryptocurrency.Thank you very much DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

Dave's Daily Crypto Take
DDCT #74 - 11/4/2021 (The best altcoins to buy with a $500 budget)

Dave's Daily Crypto Take

Play Episode Listen Later Nov 4, 2021 23:49


#Bitcoin #ETHER #altcoinI'd like to welcome everyone to my new PODCASTDave's Daily Crypto TakeIn this channel I will be providing you with news on a daily basis about cryptocurrency, bitcoin, blockchain, FIAT. My main purpose is to share UNBIASED news and updates. Ultimately I learn and hopefully you learn while I go on this journey.ARTICLES used in today's video:https://ambcrypto.com/metaverse-mania-axs-mana-enj-sand-show-no-signs-of-stopping/Metaverse mania: AXS, MANA, ENJ, SAND show no signs of stoppingThe crypto-verse is not new to overnight pumps that send coins to the moon. Over the last one week Metaverse tokens have enjoyed rather hyped rallies and quite a bit of social media attention, as social media giant Facebook announced its ‘Meta' rebrand.As the Meta mania took over, MANA led the race of gains, followed by SAND, ENJ, and lastly the gaming giant Axie Infinity (AXS).Like any other hyped phenomenon, as the Meta hype gained momentum, naturally traders and investors sought to jump in on the bandwagon. However, with most of the aforementioned alts already at a price ATH, what could be the right strategy going forward and how are Metaverse tokens looking?https://au.finance.yahoo.com/news/the-best-altcoins-to-buy-with-a-500-budget-213044853.htmlThe best altcoins to buy with a $500 budgetBitcoin's soaring value can make it seem an overwhelming investment prospect, but there are other cryptocurrencies - or altcoins - out there for the budget conscious to start a portfolio.So, what are altcoins? It means alternate coin, or not a Bitcoin.The basic structure for altcoins and Bitcoins is similar. However, numerous things distinguish the two from each other. Altcoins were built after the success of Bitcoin, but the rules were somewhat modified for altcoins, so they attract specific users.https://ambcrypto.com/73000-is-a-reasonable-price-target-for-bitcoin-say-jp-morgan-strategists/$73,000 is a ‘reasonable' price target for Bitcoin, say JP Morgan strategistsMany analysts have predicted that Bitcoin is set to hit $100k either by year-end or early next year. British bank Standard Chartered had also stated earlier that Bitcoin could surge to $100,000 in 2022, and could be worth more than $175,000 in the longer term.https://cointelegraph.com/news/survey-finds-lower-paid-workers-are-quitting-jobs-thanks-to-crypto-profitsSurvey finds lower paid workers are quitting jobs thanks to crypto profitsData suggests that some low-paid members of the workforce are quitting their jobs after making life-changing crypto gains.Analytics firm Civic Science posted survey results (weighted according to U.S. census data) on Nov. 1, which shows that 4% of 6741 respondents aged 18 and over had quit their jobs in the past year due to “financial freedom” earned by investing in crypto assets.Civic then cross-referenced the 4% figure with data from 1,201 respondents based on their annual income who had quit their jobs due to crypto gains.https://ambcrypto.com/looking-beyond-the-hype-around-bitcoin-etfs/Looking beyond the hype around Bitcoin ETFsBitcoin over the years has managed to gradually but successfully seep into the stock market; the best example being the Grayscale Bitcoin Trust (GBTC). But the pertinent question here is- how well has it actually fared?Bitcoin and ETFsBitcoin Exchange Traded Funds (ETFs) were one of the most awaited arrivals in the crypto space for a long time. After it came into being, a huge impact on the Bitcoin market was registered.In the first week of the launch, inflows were soaring, touching about $1.46 billion. However, by the very next week, the hype lost steam, and inflows merely brought in $287 million. https://alternative.me/crypto/fear-and-greed-index/https://coinmarketcap.com/Please subscribe, like, and share so that more and more people can view this content.DISCLAIMER: I will never give any financial advice. And my channel is not considered official Financial Advice. Please do your research before purchasing any cryptocurrency.Thank you very much DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

ETF Battles Podcast
ETF Battles: Looking for the Best Bitcoin ETF? - BITO vs. GBTC Face Off!

ETF Battles Podcast

Play Episode Listen Later Oct 28, 2021 21:24


In this episode of ETF Battles you'll watch an audience requested bitcoin bash between the ProShares Bitcoin Strategy ETF (BITO) against the Grayscale Bitcoin Trust (GBTC).Crypto linked funds are exploding in number and bitcoin is still king. But which bitcoin linked products in the ETF market are best? The quest for the perfect exchange-traded vehicle that closely tracks the price of bitcoin continues! Ron DeLegge @ETFguide referees this bitcoin ETF bash with guest judges Dave Nadig from ETF Trends and Eric Balchunas at Bloomberg sharing their research insights. Each ETF is judged against the other in key categories like cost, exposure strategy, performance, and a mystery category. Find out who wins the battle!*********ETF Battles is sponsored by: Direxion Daily Leveraged & Inverse ETFs. If you're ready for a bold trade, visit http://www.Direxion.com 

TD Ameritrade Network
Discussing The Bitcoin-Linked ETF Space

TD Ameritrade Network

Play Episode Listen Later Oct 22, 2021 9:53


Ben Slavin, Global Head of ETFs and Asset Servicing at BNY Mellon, discusses bitcoin futures (/BTC) and the Bitcoin-linked ETF space, highlighting Proshares Trust Bitcoin Strategy ETF (BITO) and Grayscale Bitcoin Trust (GBTC). He talks about how Grayscale is filing to turn its Bitcoin trust into a Bitcoin ETF.

Remo Uherek
#47: Grayscale Bitcoin Trust (GBTC) hits record discount of over 20% // Investing Opportunity

Remo Uherek

Play Episode Listen Later Oct 19, 2021 8:50


The Greyscale Bitcoin Trust (GBTC) is currently trading at a 20% discount to the underlying Bitcoin value. In this video I explain this potentially interesting investing opportunity. Check out my course on personal finance and investing https://courses.remo.org/p/building-wealth (use code "TESLA50" for 50% off) For detailed show notes, check out the YouTube description to this video: https://www.youtube.com/watch?v=-UxIWmYevt4 Social: Blog: https://remo.org Twitter: https://twitter.com/remouherek I'm Remo Uherek, investor, writer, and former startup founder, based in Basel, Switzerland. Retired from startups after 15 years. Today, I'm a private investor, help to run a real estate portfolio and write about health, wealth, love, and happiness. I teach online courses and am obsessed with innovation, Tesla and Elon Musk. Please subscribe if you want to hear more episodes like this. (This episode was originally published on YouTube: https://www.youtube.com/watch?v=-UxIWmYevt4) --- Send in a voice message: https://anchor.fm/remouherek/message

Alpha Trader
The value case for Bitcoin and the miners - Mike Alfred joins Alpha Trader

Alpha Trader

Play Episode Listen Later Oct 19, 2021 60:43 Transcription Available


A special bonus edition of the Alpha Trader podcast features hosts Aaron Task and Stephen Alpher speaking with Mike Alfred, founding CEO at BrightScope Digital Assets Data, and a board member at Eaglebrook. Among the topics discussed: Yes it's nice that the current price action in bitcoin (BTC-USD) is bullish, but Alfred urges focus on the long-term. The size of the network will continue to grow, more institutions are buying in (but haven't yet publicly announced), even more institutions are going to have to buy in, and there's no end in sight to federal deficits and central bank money printing. Bitcoin is likely going to seven figures within the next decade, so it doesn't matter too much whether one buys at $60K or $30K, or anywhere in between. Move over FAANG and make room for CHARM. China's banning of bitcoin mining has led to an even greater opportunity for North America-based miners. This so-called CHARM group: Core Scientific (XPDI), Hut 8 (HUT), Argo Blockchain (ARBK), Riot Blockchain (RIOT), Marathon Digital (MARA) now has a larger opening to scale up and build market share. Alfred notes the miners are the only players who can create their own bitcoin, they're hodling onto to all the bitcoin they mine, and their cost of capital is rapidly trending towards zero. Alfred also owns ethereum (ETH-USD), but says it's a very modest amount vs. his allocation to bitcoin. He considers ethereum as more of a venture capital play on some possibly interesting utility uses. Bitcoin, on the other hand, is a truly decentralized, organically-growing monetary network that is continually becoming more valuable. If Bitcoin is successful with potentially billions holding and using it, it doesn't require a whole lot of imagination to see what one of 21M coins might be worth at some point. Could Bitcoin fail? There's a non-zero chance, says Alfred, but as the network grows, the chance of this happening continues to slide. Turning to brokerages, Coinbase's (COIN) stock has had a modestly rough run of it since its IPO, but the action reminds Alfred of Facebook's initial rough post-IPO trade. As Bitcoin grows, and crypto grows, a well-run Coinbase figures to scale right alongside, even if it faces competition on fees from any number of peers. Look at Schwab ... It's doing better than ever, even with $0 commissions. After dithering for years, what is the first Bitcoin ETF that the SEC finally approves? It's a futures-based ETF offered by ProShares which may make for a nice short-term trading vehicle, but is about the last thing any Sats stacker should be interested in. More interesting to Alfred is the Grayscale Bitcoin Trust (GBTC), which has begun the work to convert to an ETF. It's trading at a 15%-18% discount that will disappear once the ETF conversion takes place - a pretty decent return should that happen in the next 6-12 months. The train has left the station, says Alfred, speaking of questions about whether the U.S. could somehow ban or halt Bitcoin. There are too many states that have encouraged and are receiving Bitcoin-based investment for any national ban. There is a minor risk, concedes Alfred, that a cabal of powerful governments - think U.S., EU, China, India - get together to severely restrict Bitcoin. Alfred puts the chances at about 1%, but even a move like this would only curtail the size of the network, not kill the crypto. Learn more about your ad choices. Visit megaphone.fm/adchoices

Thinking Crypto Interviews & News
Jamie Dimon BULLISH on Bitcoin - Morgan Stanley Buys More GBTC - Fed Neel Kashkari BTC - Coinbase Crypto Paycheck

Thinking Crypto Interviews & News

Play Episode Listen Later Sep 28, 2021 20:18


Bitcoin can 10x in five years says JPMorgan CEO Jamie Dimon. Morgan Stanley buys more Grayscale Bitcoin Trust (GBTC). Fed president Neel Kashkari tweets about Bitcoin. Shares of crypto-focused bank Silvergate Capital Corp. rose about 6% Monday after Morgan Stanley initiated coverage of the stock with an overweight rating and a $158 price target, indicating a 52% upside from the current price. Small business advocacy group recommends US congress 'clarify the status of digital assets'. Coinbase will enable direct paycheck deposits, the U.S. cryptocurrency exchange giant announced in a blog post Monday. African crypto exchange Yellow Card closes $15M Series A.

Thinking Crypto Interviews & News
Bullish Crypto News! - $25 Billion AUM Wealthfront Bitcoin & Ethereum Investing - State Street & DekaBank Crypto

Thinking Crypto Interviews & News

Play Episode Listen Later Jul 31, 2021 16:19


Clients of Wealthfront, an automated investment service, can now gain exposure to crypto through the addition of two cryptocurrency trusts to the robo-adviser's investment offerings. The Palo Alto, Calif.-based firm has expanded its roster of investment vehicles to include the Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum Trust (ETHE).Major American financial services and bank holding company State Street Corporation is expanding its push into the cryptocurrency industry by launching new digital asset services.One of Germany's largest asset managers Deka Bank is considering investing in Bitcoin after a new law takes effect Monday, Bloomberg reports. It holds $403 billion in assets under management.U.S. Compass Mining clients can now mine bitcoin directly into an IRA without triggering a taxable event.Greenidge Generation will use BTC mining profits to build solar farm.Crypto lobby groups say they're fighting 'unworkable' crypto reporting language in infrastructure bill.

Thinking Crypto Interviews & News
FTX $900 Million Funding Largest Crypto Raise Ever - Whales Buy The Bitcoin Dip - Flare Songbird Token

Thinking Crypto Interviews & News

Play Episode Listen Later Jul 21, 2021 15:17


Sam Bankman-Fried's FTX crypto exchange has raised the largest funding round in crypto history. The exchange's $900 million Series B round included more than 60 investors with valuation of $18 billion.Cathie Wood's Ark Invest Bitcoin buying spree continued Monday as its $ARKW ETF added 310,000 Grayscale shares worth almost $8 million.Rothschild Investment Corp has almost quadrupled its indirect bitcoin position since April, showing a “buy the dip” mentality during BTC's recent price decline. A filing with the United States Securities and Exchange Commission (SEC) from July 19 shows that the investment manager's holdings of the Grayscale Bitcoin Trust (GBTC) grew to 141,405 shares in Q2 2021, up from 38,346 in Q1.Fidelity's crypto study shows "71% of institutional investors surveyed in Fidelity Digital Assets' 2021 Institutional Investor Digital Assets Study plan to invest in digital assets in the future, & more than 90% of investors who expressed an interest expect to have an allocation within 5 years."JPMorgan is on a blockchain hiring spree.Flare Networks is launching a new network called Songbird and all who have secured their $FLR token airdrops will now also receive a proportional airdrop of $SGB tokens. Songbird is to $FLR what Kusama $KSM is to Polkadot $DOT.

TD Ameritrade Network
BNY Mellon Inks Agreement With Grayscale Bitcoin Trust (GBTC)

TD Ameritrade Network

Play Episode Listen Later Jul 15, 2021 8:37


Ben Slavin looks at the cryptocurrency ETF space, with BNY Mellon now providing asset serving and ETF services for Grayscale Bitcoin Trust. With a major U.S. bank now partnering with a digital asset ETF, Slavin looks at how this agreement could aid the fund's scalability and resiliency.

Bit2Me - Bienvenidos a Bitcoin
🔵 💱 El DOW JONES ya tiene 8 índices de CRIPTOMONEDAS - Bit2Me Crypto News

Bit2Me - Bienvenidos a Bitcoin

Play Episode Listen Later Jul 15, 2021 6:18


💱 Las criptomonedas siguen llegando a los índices bursátiles de Estados Unidos - El S&P Dow Jones ahora cuenta con 8 índices de referencia que hacen seguimiento a las principales criptomonedas y activos digitales del mercado - Esta semana la reconocida entidad que tiene más de 130 años en el mercado, ha lanzado 5 índices nuevos que hacen seguimiento al precio de las criptomonedas - Los índices son: 1. S&P Cryptocurrency LargeCap 2. S&P Cryptocurrency Broad Digital Market Ex-MegaCap 3. S&P Cryptocurrency Broad Digital Market Ex-LargeCap 4. S&P Cryptocurrency LargeCap Ex-MegaCap Index 5. S&P Cryptocurrency Broad Digital Market (BDM) https://news.bit2me.com/?p=11267&prev... 🆕 Brasil da luz verde al primer ETF de Ethereum en el país y en América Latina - La Comisión de Valores Mobiliarios de Brasil (CVM) aprueba la creación del primer ETF de Ethereum en el país - Vale la pena recordar que en Brasil ya se había aprobado recientemente un ETF de BTC https://news.bit2me.com/brasil-aprueb... 💰 BNY Mellon, una de las corporaciones bancarias más importantes del mundo, es el nuevo proveedor de servicios para el Grayscale Bitcoin Trust (GBTC) de Grayscale - La compañía de gestión de activos digitales informó que el banco será quien proporcione los nuevos servicios de administración de activos para su exitoso fondo de inversión cripto GBTC - Grayscale tiene más de 600k BTC por un valor de mercado que en este momento supera los 20k millones de dólares y representa más del 3% de todos los BTC en circulación - BNY Mellon será quien lleve la contabilidad y administración del fondo GBTC a partir del 1 de octubre de este año. 🎫 Noticia para los residentes en España - El Block World Tour, uno de los eventos más importantes que celebra la innovación de la tecnología blockchain, se realizará en el ayuntamiento de Motril (España) - La 7ª edición de Block World Tour tendrá lugar en Motril los próximos 2 y 3 de septiembre - Durante el evento, los participantes podrán disfrutar de conferencias sobre la tecnología blockchain, las finanzas descentralizadas (DeFi) y el mundo de las criptomonedas en general. ⚠️ Cuidado! De acuerdo con Lookout, una firma de ciberseguridad con sede en Estados Unidos, más de 100 de aplicaciones móviles para Android buscan robar criptomonedas - Según un informe publicado por la firma de ciberseguridad, se detectaron un total de 170 apps que instalan un software malicioso para acceder de forma ilegal en las cuentas de exchanges o plataformas de intercambio de criptomonedas que los usuarios mantengan abiertas desde sus teléfonos - De esta manera, los ciberdelincuentes pretenden robar las claves de acceso y los criptoactivos almacenados en dichas cuentas - Importante destacar que esto no ocurre solo con las criptomonedas, pues estas y otras aplicaciones hacen lo mismo con tus credenciales bancarias - La recomendación, no instalar aplicaciones desconocidas 🚀 Suscríbete a nuestro Canal: https://www.youtube.com/channel/UCBiA... 00:00 Promo Bit2Me 0:17 Sumario 0:43 ¡30.000 Suscriptores! 1:04 Primera Noticia 1:23 Segunda Noticia 2:26 Tercera Noticia 3:09 Cuarta Noticia 3:25 Quinta Noticia 4:16 Noticia Bomba 5:20 Pregunta del día 5:39 Cierre #DowJonesCriptomonedas #BNYMellonGBTC #ETFEthereumBrasil #Bitcoin #Ethereum #Blockchain #MineríaCripto 🎁 *¡Has descubierto un regalo!* Si estás aquí, aprendiendo, te mereces nuestro regalo especial: Regístrate en Bit2Me con este enlace y en tu primera compra de 100€ o más te regalaremos 5€: https://bit2me.com/?r=75N-GP4-G0S *¡La revolución la creamos entre todos!* 📲¡Descárgate la APP! https://bit2me.com/download Compra y vende Bitcoin , Ethereum , Litecoin , Dash, Bitcoin Cash , Ripple y otras criptomonedas . Soporte telefónico en Español . Con tarjeta VISA / Mastercard , transferencia y dinero en efectivo . El mejor monedero ( wallet ) crypto. Nuestra web: https://bit2me.com 👉 Síguenos en las redes sociales: ⭕️ Facebook: https://www.facebook.com/bit2me ⭕️ Instagram: https://www.instagram.com/bit2me ⭕️ Linkedin: https://www.linkedin.com/company/9243641 ⭕️ Twitter: https://twitter.com/bit2me ⭕️ Telegram: https://t.me/Bit2Me_ES ⭕️ Lbry (Odysee): https://odysee.com/@bit2me:c ⭕️ Spotify: https://open.spotify.com/show/1Tj4kyX... ⭕️ iVoox: https://www.ivoox.com/podcast-bit2me-... y por supuesto, dale a la campanita para activar las notificaciones 👈 ✍🏻 ¡Apunta! Conoce todos nuestros servicios: ⭕️ Wallet: https://bit2me.com/wallet ⭕️ Tikebit (compra criptomonedas en tiendas físicas): https://www.tikebit.com/inicio&lang=es ⭕️ Academy: https://academy.bit2me.com ⭕️ Crypto TV:

Thinking Crypto Interviews & News
S&P Down Jones New Crypto Indices & Grayscale BNY Mellon Partner For Bitcoin ETF

Thinking Crypto Interviews & News

Play Episode Listen Later Jul 14, 2021 13:57


S&P Dow Jones Indices on Tuesday rolled out five new cryptocurrency index products, the first major expansion of its digital assets benchmarking tools since entering the market in May. Grayscale Investments Forges Agreement with BNY Mellon to Provide Asset Servicing and ETF Services for Grayscale Bitcoin Trust GBTC. Ethereum-based interoperability network Connext raises $12 million in new funding.

Tech Path Podcast
196. Grayscale Bitcoin Trust (GBTC) Could Boost Bitcoin to $40k

Tech Path Podcast

Play Episode Listen Later Jul 12, 2021 11:17


Bitcoin (BTC) could get a boost in July to a possible $40k from the expiration of investor restrictions on the sale of shares in the Grayscale Bitcoin Trust (GBTC), the world's largest cryptocurrency fund.#GBTC #Bitcoin #BTC~Grayscale Bitcoin Trust (GBTC) Could Boost Bitcoin to $40k ~⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺Subscribe on YouTube ✅ https://bit.ly/PBNYoutubeSubscribeFacebook

Thinking Crypto Interviews & News
Binance Crypto Exchange In Trouble? & Graysscale Bitcoin Trust Selloff To Pump Market?

Thinking Crypto Interviews & News

Play Episode Listen Later Jul 5, 2021 15:10


Binance is facing regulatory hits from around the world with the latest from Barclays not allowing customers in the U.K. to transfer funds to Binance. Regulators are going after the wild west of the crypto market which started with Tether, Bitcoin Mining, Bitmex, and now Binance.Ukrainian e-bank plans to offer Bitcoin trading in July. Monobank is seeking approval from the National Bank of Ukraine to launch its Bitcoin debit card later this month. The bitcoin market could get a boost this month from the expiration of investor restrictions on the sale of shares in the Grayscale Bitcoin Trust (GBTC), the world's largest cryptocurrency fund.CZ Binance Interview 1 - https://youtu.be/F10mSVWc6_MCZ Binance Interview 2 - https://youtu.be/mF-iCOlnL_8

ETF Battles Podcast
ETF Battles: ARKW vs. GBTC, ETHE, and GLD - Which is the Best Choice for Growth Investors?

ETF Battles Podcast

Play Episode Listen Later Apr 13, 2021 14:31


Are you ready to rumble? In this episode you'll see an EPIC battle between the ARK Next Generation Internet ETF (ARKW), Grayscale Bitcoin Trust (GBTC), Grayscale Ethereum Trust (ETHE) and SPDR Gold Shares (GLD).  Is Cathie Wood better than Bitcoin and Ethereum? And what does gold have to say about it? Which of these choices is the best opportunity for growth investors? Ron DeLegge  @ETFguide​ referees this matchup with guest judges Cinthia Murphy at ETF.com and Dave Kreinces at ETF Portfolio Management providing their research insights. Each ETF is judged against the other in key categories like cost, exposure strategy, performance and a mystery category. Find out who wins the battle! *********Get in touch with our judges:ETF.comhttps://www.ETF.com​ETF Portfolio Managementhttp://www.etfpm.com​

The Trend is Your Friend
Finding investment opportunities in assets nobody wants

The Trend is Your Friend

Play Episode Listen Later Mar 28, 2021 15:37


What happened in the Grayscale Bitcoin Trust (GBTC) price action this week? My thoughts on NFT robot art. And we take a look at a 50% haircut in a Kobe Bryant rookie card. What can we learn from the price history of the Kobe rookie? Can we use this history to find an investment opportunity? I think yes. And in this episode I share what I believe to be a good buy low opportunity in the fractional investment space. Finding investment opportunities in assets nobody wants can be tricky. Luckily, we have tools we can use to help us potentially find some of those opportunities. I explain in this week's episode. Mentioned in this week's podcast: Kobe RC PSA Price Action Please like and review the podcast. And don't forget to check out the website faybomb.com, subscribe to the weekly newsletter, and consider becoming a premium member! Also, my Tee-spring storefront has two new listings! Shirts, tanks, and kids wear available. --- Support this podcast: https://anchor.fm/faybomb/support

ETF Battles Podcast
ETF Battles: GBTC vs. SOXX vs. SMH - A MASSIVE Triple Header Clash!

ETF Battles Podcast

Play Episode Listen Later Mar 11, 2021 14:29


Are you ready to rumble? In this episode of ETF Battles, you'll watch a MASSIVE triple header showdown between: Grayscale Bitcoin Trust (GBTC), iShares PHLX Semiconductor ETF (SOXX) and the Van Eck Vectors Semiconductor ETF (SMH) . Bitcoin and the semiconductors both need each other. Which is the better play and who wins the battle? Ron DeLegge @ETFguide​ referees the tussle with guests David Kreinces at ETF Portfolio Management and Cinthia Murphy at ETF.com judging the ETF battle. Each fund is judged against the other in key categories like cost, exposure strategy, performance and a mystery category. Find out who wins the battle between these semiconductor ETFs and bitcoin. 

Dallas Trading Floor
Dallas Trading Floor LIVE - Feb 19, 2021

Dallas Trading Floor

Play Episode Listen Later Feb 19, 2021 64:44


Ask Jim a Question Friday where Jim takes your stock and stock trading questions LIVE via chat Stocks Covered on this show: Palentir (PLTR), Tesla Inc (TSLA), Grayscale Bitcoin Trust (GBTC), Nio Inc (NIO), Cleveland-Cliffs (CLF) ExxonMobile (XOM), and others Subscribe to our FREE Action Trade Alerts! www.DallasTradingFloor.Com --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/dallastradingfloor/message Support this podcast: https://anchor.fm/dallastradingfloor/support