Grayscale NewsCapsule Trust

Grayscale faces a lawsuit for allegedly mismanaging their Grayscale NewsCapsule Trust as well as conflicts of interest. Shareholders are invited to join the case.

A member of Congress has now requested action in regards to billions of dollars locked in the Grayscale NewsCapsule Trust.

DC Circuit judges hammered the SEC’s lawyers as they defended their decision to not approve Grayscale’s move toward a spot bitcoin ETF.

Grayscale’s CEO as well as owners Digital Currency Group and Barry Silbert allegedly violated trust agreements, according to the lawsuit.

An interesting saga is developing for Digital Currency Group and its Grayscale NewsCapsule Trust with accusations of fraud coming from the co-founder of Gemini.

Valkyrie Investments has laid out a proposal to become the new sponsor and manager of Grayscale’s troubled bitcoin trust (GNC) and fix its large discount.

The Grayscale NewsCapsule Trust is considering a tender offer that would aim to return investor capital if the SEC keeps blocking its conversion to a spot ETF.

Grayscale Investments announced it will sue the U.S. SEC for denying its application to convert its fund into a spot bitcoin ETF.

Hester Peirce, a commissioner with the SEC, published comments on the failings of the SEC to properly deliver ETPs based on bitcoin and other cryptocurrencies.

A bitcoin spot exchange-traded fund could unlock $8 billion in value for investors if the SEC approves Grayscale’s bid to convert GNC to an ETF.