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The Bitcoin Cash price tumbled a fraction of a percent in the past 24 hours to trade at $581.49 as of 4:00 a.m. EST even as giant fund manager Grayscale seeks regulatory approval for a BCH ETF (exchange-traded fund). Grayscale submitted a series of US Securities and Exchange Commission (SEC) filings on Tuesday seeking approval for ETFs tracking Bitcoin Cash, Hedera, and Litecoin. The fund manager aims to convert its existing closed-end trusts for these assets into ETFs that will be listed primarily on the NYSE Arca or Nasdaq. Grayscale used this exact method to convert its BTC and ETH trusts into exchange-traded products in 2024. Grayscale filed an S-3 for a Bitcoin Cash ETF and Litecoin ETF and an S-1 for a Hedera ETF — unfolded. (@cryptounfolded) September 9, 2025 The filing for the ETFs comes as the US SEC pushed back its decision on Nasdaq’s bid to list the Grayscale Hedera Trust to November 12.   Meanwhile, several issuers are on the move to seek ap...

Digital asset management giant Grayscale hopes to launch an Avalanche (AVAX) exchange-traded fund (ETF) in the US. The Nasdaq Stock Market submitted a proposal this week to the U.S. Securities and Exchange Commission (SEC) to list and trade shares of Grayscale Avalanche Trust, which would be entirely tied to the price of the layer-1 project’s native asset, AVAX. Grayscale isn’t the first financial giant to file for an Avalanche ETF. Documents submitted to the state of Delaware earlier this month suggest VanEck also hopes to launch a fund tied to the Ethereum (ETH) rival. Coinbase Custody will serve as the custodian for Grayscale’s Avalanche ETF if it’s approved. The crypto asset manager also hopes to launch funds tied to Cardano (ADA), Solana (SOL), XRP and Hedera (HBAR). The SEC greenlit the first spot market Bitcoin (BTC) ETFs in January 2024, bringing in billions of dollars worth of inflows to the top digital asset by market cap. The re...

Exchange-traded funds (ETFs) have been making headlines over the past couple of weeks. Altcoins were taking the front stage. With Donald Trump’s pro-crypto stance and Elon Musk’s addition to the government, Dogecoin (DOGE) is expected to shine brighter than its counterparts. While the asset has struggled to make it past the $1 mark for years now, the community is betting on $2 if an ETF gets approved. Also Read: Crypto To Power 10% of Global Economy by 2030, Coinbase CEO Affirms Dogecoin’s Current Market Source: Watcher Guru The entire market was drowning in the red sea throughout the past week. Meme coins weren’t spared either. Despite this, Dogecoin pocketed gains of over 5% over the last seven days. At the time of writing, the OG meme cryptocurrency was trading at $0.2630 following a daily uptick of nearly 2%. Source: CoinMarketCap The asset’s latest rise was linked to Grayscale’s ETF application. The firm’s Form 19b-4 submissions for the Gra...

The cryptocurrency market is anxiously awaiting when the next token could join Bitcoin and Ethereum on the investment market. It looks like that has taken a step towards actualizing amid a recent Grayscale filing. Yet, the question is, can an XRP ETF drive the price to $4.50? Well, let’s see what the experts are saying. For the last several weeks, all eyes have been on Ripple. The token has long been viewed as a contender for the next exchange-traded product (ETP) for the sector. If that does come to fruition, it could be monumental for the price of XRP, which has been stuck around $3 for much of the week. Source: CNBC Also Read: Polymarket Predicts Odds Of SOL, LTC, XRP, DOGE ETFs Being Approved In 2025 XRP ETF Could Propel Price as Grayscale Files to Convert Trust The cryptocurrency market has undergone a massive shift in recent months. With the incoming US presidential administration looking to greatly shift crypto policy, few assets have flourished as much as Ripple (XRP). It ...

The Solana price dropped 2% in the past 24 hours to trade at $187.71 as of 01:02 p.m. EST on trading volume that surged 35% to $3.9 billion. This comes as the Grayscale asset manager recently added tokens including HYPE, VIRTUAL, ENA, and JITO to its list of the top 20 tokens to watch. Virtuals is an AI platform, Hyperliquid is a high-performance Layer-1 network, and Ethena, Jupiter, and Jito are DeFi apps. Jupiter and Jito are native to Solana.  Grayscale adds AI launchpads, Solana DeFi apps to Q1 2025 top tokens The asset manager has added tokens including HYPE, VIRTUAL, ENA and JITO to its list of the top 20 tokens to watch.#Norque #NOQ #Bitcoin #ETH #AI #Blockchain — NORQUE-NOQ (@NorqueNoq) December 30, 2024 Solana Price Gearing Up Towards A Bullish Reversal Pattern The SOL price has transitioned from a strong bullish rally earlier in Q4 to a bearish correction and subsequent consolidation. After peaking above $264, the price has reversed significantly, forming...

1. Grayscale Launches Optimism and Lido DAO Trust Funds link Grayscale has announced the launch of the Optimism Trust Fund and the Lido DAO Trust Fund, offering investors opportunities to gain exposure to the Optimism and Lido DAO ecosystems. 2. Base Ecosystem Records $1 Billion Monthly Net Inflows, TVL Reaches $14.2 Billion link According to data from Artemis and L2Beat, the Base ecosystem has recorded a total cross-chain inflow of approximately $1.5 billion over the past month, with a net inflow of around $1 billion. The current TVL (Total Value Locked) stands at roughly $14.2 billion. The majority of inflows originated from Ethereum (87%, primarily in ETH) and Arbitrum (4%, evenly split between ETH and stablecoins). Further Analysis by Wu Blockchain researchers highlights key contributors to the TVL growth during this period: ETH bridged to Base increased from 800,000 to 1,000,000, adding approximately $1.3 billion. cbETH bridged rose from 30,000 to 45,000, contributing $75 million...

Michael Sonnenshein has stepped down as CEO of Grayscale. Grayscale announced that Peter Mintzberg is the new CEO, effective August 15, 2024. Sonnenshein joined Grayscale in 2014 and was CEO from 2021, overseeing Grayscale’s successful lawsuit against SEC. Michael Sonnenshein has stepped down as the CEO of Grayscale Investments, the crypto asset manager offering the spot Bitcoin ETF $GBTC. Grayscale announced Sonnenshein’s exit on Monday, revealing his replacement to be Peter Mintzberg. Per a press release published on Monday, Mintzberg joins Grayscale from Goldman Sachs, where he was the Global Head of Strategy for Asset and Wealth Management. The new Grayscale CEO also held prominent positions at BlackRock, OppenheimerFunds and Invesco. “As we position Grayscale for its next phase of growth, excited to welcome Peter Mintzberg as Grayscale’s CEO, effective August 15. Joining from Goldman Sachs, Peter has 20+ years of experience a...

Bloomberg Intelligence ETF research analyst James Seyffart reports that BlackRock and Grayscale, two major investment major companies with plans to issue a Bitcoin ETF, have recently met with the SEC. Based on slides that have become public knowledge, Seyffart shows that BlackRock likely prefers in-kind for their offering. In-kind vs. cash In highlighting this announcement, the analyst suggests that this decision makes sense as it is likely the cleanest structure for the company and its investors. The news came alongside a consecutive report that Grayscale, another prominent investment management firm, has also held meeting s with the SEC’s division of trading and markets, responsible for approving or denying 19b-4, a form that is used to inform the SEC of a proposed rule change. Looks like @BlackRock also met with SEC! There’s a couple slides in relation to in-kind vs cash creation. Based on this it looks like BlackRock prefers in-kind for their #bitcoin ETF (makes sense as its...

A Washington DC court issued a formal mandate today asserting its August ruling that the SEC needs to reconsider Grayscale Investments’ Spot Bitcoin ETF application. JUST IN: 🇺🇸 Judge orders SEC to re -review Grayscale's bid for a Spot #Bitcoin ETF. — Watcher.Guru (@WatcherGuru) October 23, 2023 The U.S. Court of Appeals for the D.C. Circuit made the decision following the SEC’s decision not to appeal the Ripple XRP case decision. Judge Neomi Rao said that the SEC failed to give valid reasoning to deny Grayscale’s application for a Spot Bitcoin ETF, despite approving similar products. However, the SEC can still look to provide one that is valid. The mandate filed Monday reads: “In accordance with the judgment of August 29, 2023, and pursuant to Federal Rule of Appellate Procedure 41, this constitutes the formal mandate of this court.”  Previously, Grayscale showed its proposed bitcoin ETF was similar to...

Barry Silbert’s letter to shareholders came just hours after Cameron Winklevoss wrote an open letter to him accusing him of defrauding customers. The crypto community woke up to another drama-filled day after the Digital Currency Group (DCG) chief's reflection went wrong. DCG chief Barry Silbert penned a letter to the shareholders on Jan. 10, reflecting on the state of the crypto market and the growing FUD around the company. DCG is the parent company of Genesis Global Capital, a crypto lending firm and Grayscale, the world’s leading crypto asset manager. In the letter , Silbert addressed the growing issues around DCG and its subsidiaries owing to the bear market and FTX contagion. He said that bad actors and the implosion of leading crypto companies have wreaked havoc on the industry and noted that “DCG and many of our portfolio companies are not immune to the effects of the present turmoil.” I’m incredibly proud of the role that DCG & I have played as pioneers & builder...

Towards the end of last week, Grayscale revealed that all digital assets that lie in its digital asset products were stored under the custody of Coinbase Custody Trust Company, LLC. The company, however, went on to clarify that the BTC underlying in the Grayscale Bitcoin Trust was owned by “ GBTC and GBTC alone.” Nevertheless, due to security concerns, the company refused to make on-chain wallet information and confirmation information publicly available via a cryptographic Proof-of-Reserve or other advanced cryptographic accounting procedures. 6) Coinbase frequently performs on-chain validation. Due to security concerns, we do not make such on-chain wallet information and confirmation information publicly available through a cryptographic Proof-of-Reserve, or other advanced cryptographic accounting procedure. — Grayscale (@Grayscale) November 18, 2022 FUD has, evidently, been spreading like wildfire and the state of the flagship fund has been deteriora...