Articles from Grayscale Investments

New strategic hire bolsters firm’s growth with financial services expertiseBoston will join shortly after arrival of incoming COO Diana Zhang

Veteran asset management executive joins world’s largest crypto-focused asset management platform to support the firm’s growth trajectory

The New ETFs Offer Investors Two Different Approaches to Systematic Covered Call Writing

STAMFORD, Conn., March 13, 2025 (GLOBE NEWSWIRE) -- Grayscale Investments®, a leading crypto asset management firm, offering more than 30 crypto investment products, today released additional findings from its national longitudinal survey, 2024 Election: The Role of Crypto, conducted on its behalf by The Harris Poll. The new data highlights the views and values of both younger and older high-net-worth Americans with $1 million or more in investible assets* around crypto, investing, the financial system and policy.

STAMFORD, Conn., Feb. 18, 2025 (GLOBE NEWSWIRE) -- Grayscale Investments®, a leading crypto asset management firm, offering more than 30 crypto investment products, today announced the creation and launch of Grayscale® Pyth Trust (the “Trust”).

STAMFORD, Conn., Jan. 31, 2025 (GLOBE NEWSWIRE) -- Grayscale Investments®, a leading crypto asset management firm, offering more than 25 crypto investment products, today announced the creation and launch of Grayscale® Dogecoin Trust (the “Trust”).

New ETF Invests in Companies Supporting Bitcoin Mining and Related Ecosystems

STAMFORD, Conn., Jan. 08, 2025 (GLOBE NEWSWIRE) -- Grayscale Investments®, an asset management firm with expertise in crypto investing, offering more than 25 crypto investment products, and manager of Grayscale® Decentralized AI Fund (AI Fund), Grayscale® Decentralized Finance (DeFi) Fund (OTCQB: DEFG) (DeFi Fund), Grayscale® Digital Large Cap Fund (OTCQX: GDLC) (Digital Large Cap Fund), and Grayscale® Smart Contract Platform Ex-Ethereum Fund (GSCPxE Fund), today announced the updated Fund Component weightings for each product in connection with their respective fourth quarter 2024 reviews.

STAMFORD, Conn., Dec. 12, 2024 (GLOBE NEWSWIRE) -- Grayscale Investments®, an asset management firm with expertise in crypto investing, offering more than 25 crypto investment products, today announced the launch of Grayscale® Lido DAO Trust and Grayscale® Optimism Trust (collectively the “Trusts”).

STAMFORD, Conn., Dec. 04, 2024 (GLOBE NEWSWIRE) -- Grayscale Investments® (“Grayscale”), an asset management firm with over a decade of expertise in crypto investing, offering more than 25 crypto investment products, today announced its intention to effect a forward share split of Grayscale ® Solana Trust (OTCQX: GSOL) (the “Trust”). With the share split, shareholders of record on December 5, 2024 (the “Record Date”) will own five post-split shares for every one pre-split share of GSOL they own. The details are as follows:

STAMFORD, Conn., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Grayscale Investments® (“Grayscale”), an asset management firm with over a decade of expertise in crypto investing, offering more than 25 crypto investment products, today announced the completion of the previously announced reverse share splits of Grayscale® Bitcoin Mini Trust ETF (NYSE Arca: BTC) and Grayscale® Ethereum Mini Trust ETF (NYSE Arca: ETH). The reverse share split for BTC and ETH became effective as of 5:00 pm Eastern Time on November 19, 2024 (the “Effective Time”).

STAMFORD, Conn., Nov. 08, 2024 (GLOBE NEWSWIRE) -- Grayscale Investments® (“Grayscale”), an asset management firm with over a decade of expertise in crypto investing, offering more than 25 crypto investment products, today announced its intention to effect reverse share splits of two of its exchange-traded products (“ETPs”), Grayscale® Bitcoin Mini Trust ETF (NYSE Arca: BTC) and Grayscale® Ethereum Mini Trust ETF (NYSE Arca: ETH), with details as follows:

STAMFORD, Conn., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Grayscale Investments®, an asset management firm with expertise in crypto investing offering more than 25 crypto investment products, today announced that NYSE Arca, Inc.’s (“NYSE Arca”) Form 19b-4 proposing to list and trade shares of Grayscale Digital Large Cap Fund (OTCQX: GDLC) as an Exchange-Traded Product (ETP) has been published in the Federal Register (link), formally initiating the review process which can take up to 240 days. The proposed rule change, if adopted, would represent the first national securities exchange ruleset permitting the listing and trading of shares of multi-crypto asset ETPs: NYSE Arca Rule 8.800-E (Commodity- and/or Digital Asset-Based Investment Interests).

STAMFORD, Conn., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Grayscale Investments®, an asset management firm with over a decade of expertise in crypto investing, offering more than 25 crypto investment products, and manager of Grayscale® Bitcoin Mini Trust  (NYSE Arca: BTC) and Grayscale® Ethereum Mini Trust (NYSE Arca: ETH), today announced that its lowest-fee* Bitcoin and Ether ETPs – symbols: BTC and ETH – have together garnered more than $750,000,000 inflows since the products launched on July 31, 2024, and July 23, 2024, respectively, just three months ago. 

STAMFORD, Conn., Oct. 04, 2024 (GLOBE NEWSWIRE) -- Grayscale Investments®, an asset management firm with expertise in crypto investing, offering more than 20 crypto investment products, and manager of Grayscale® Decentralized AI Fund (AI Fund), Grayscale® Decentralized Finance (DeFi) Fund (OTCQB: DEFG) (DeFi Fund), Grayscale® Digital Large Cap Fund (OTCQX: GDLC) (Digital Large Cap Fund), and Grayscale® Smart Contract Platform Ex-Ethereum Fund (GSCPxE Fund), today announced the updated Fund Component weightings for each product in connection with their respective third quarter 2024 reviews.

New Trust provides innovative, forward thinking investment opportunity for clients

Nearly three-quarters (71%) of likely voters agree: “It is critical that political leaders embrace new technologies (e.g., crypto and AI) to ensure America’s workforce remains competitive globally.”

Firm remains committed to providing clients with convenient, familiar access to crypto investment opportunities as markets continue to evolve

Grayscale’s latest private placement launch reflects the firm’s focus on developing compelling opportunities to help investors diversify crypto exposure

Firm’s latest offering reflects a deep commitment to creating client-friendly, blockchain-based investment opportunities that are designed to enable access to developing parts of the crypto ecosystem

Creation of new Trusts reflects Grayscale’s desire to meet growing investor demand for diversified crypto exposure

BTC Launches on NYSE Arca Following Spin-off and Distribution from Grayscale Bitcoin Trust (Ticker: GBTC)

STAMFORD, Conn., July 29, 2024 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world’s largest crypto asset manager*, offering more than 20 crypto investment products, previously announced that it has set a record date of July 30, 2024 (the “Record Date”) for the initial creation and distribution of shares of Grayscale Bitcoin Mini Trust (the “BTC Trust”) to shareholders of Grayscale Bitcoin Trust (Ticker: GBTC) (“GBTC”) (referred to as the “Initial Distribution”). Grayscale also previously announced an intention to list Grayscale Bitcoin Mini Trust on NYSE Arca, subject to required regulatory approvals, under the ticker symbol “BTC.”

STAMFORD, Conn., July 19, 2024 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world’s largest crypto asset manager*, offering more than 20 crypto investment products, today announced that it has set a record date of July 30, 2024 (the “Record Date”) for the initial creation and distribution of shares of Grayscale Bitcoin Mini Trust (the “BTC Trust”) to shareholders of Grayscale Bitcoin Trust (Ticker: GBTC) (“GBTC”) (referred to as the “Initial Distribution”). Grayscale intends to list the BTC Trust on NYSE Arca, subject to required regulatory approvals, under the ticker symbol “BTC.” GBTC is not a fund registered under the Investment Company Act of 1940 and is not subject to regulation under the Investment Company Act of 1940, unlike most mutual funds or ETFs.

Grayscale Investments’® Newest ETPs Have Launched on NYSE Arca Under Tickers ‘ETH’ and ‘ETHE’

Fund designed to allow accredited investors to capture the growth of protocols at the intersection of blockchain and artificial intelligence

STAMFORD, Conn., July 17, 2024 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world’s largest crypto asset manager*, offering more than 20 crypto investment products, previously announced that it has set a record date of July 18, 2024 (the “Record Date”) for the initial creation and distribution of shares of Grayscale Ethereum Mini Trust (the “ETH Trust”) to shareholders of Grayscale Ethereum Trust (Ticker: ETHE) (“ETHE”) (referred to as the “Initial Distribution”). Grayscale intends to list the ETH Trust on NYSE Arca, subject to required regulatory approvals, under the ticker symbol “ETH.” See that press release here.

STAMFORD, Conn., July 08, 2024 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world’s largest crypto asset manager*, offering more than 20 crypto investment products, today announced that it has set a record date of July 18, 2024 (the “Record Date”) for the initial creation and distribution of shares of Grayscale Ethereum Mini Trust (the “ETH Trust”) to shareholders of Grayscale Ethereum Trust (Ticker: ETHE) (“ETHE”) (referred to as the “Initial Distribution”). Grayscale intends to list the ETH Trust on NYSE Arca, subject to required regulatory approvals, under the ticker symbol “ETH.”

STAMFORD, Conn., July 05, 2024 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world’s largest crypto asset manager*, and manager of Grayscale® Digital Large Cap Fund (OTCQX: GDLC) (Digital Large Cap Fund), Grayscale® DeFi Fund (OTCQB: DEFG) (DeFi Fund), and Grayscale® Smart Contract Platform Ex-Ethereum Fund (GSCPxE Fund), today announced the updated Fund Component weightings for each product in connection with their respective second quarter 2024 reviews.

Nearly half of likely American voters think some of their future investment portfolio will include crypto

New products reflect ongoing investor demand for diversified crypto exposure

Peter Mintzberg Appointed Grayscale’s Chief Executive OfficerMintzberg to Join Firm and Grayscale’s Board of Directors, Effective August 15, 2024 

STAMFORD, Conn., April 23, 2024 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world’s largest crypto asset manager, today announced it filed a registration statement on Form S-3 (the “Form S-3”) with the U.S. Securities and Exchange Commission (“SEC”) to register shares of Grayscale Ethereum Trust (OTCQX: ETHE) under the Securities Act of 1933, as amended (the "Securities Act").

Grayscale Bitcoin Trust will become world’s second largest commodity-based ETF and world’s largest spot Bitcoin ETF*

STAMFORD, Conn., April 04, 2024 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world’s largest crypto asset manager*, and manager of Grayscale® Digital Large Cap Fund (OTCQX: GDLC) (Digital Large Cap Fund), Grayscale® DeFi Fund (OTCQB: DEFG) (DeFi Fund), and Grayscale® Smart Contract Platform Ex-Ethereum Fund (GSCPxE Fund), today announced the updated Fund Component weightings for each product in connection with their respective first quarter 2024 reviews.

New framework organizes the broader crypto market into five distinct sectors, designed to help investors understand Grayscale’s specialized view of the asset class

Firm launches Grayscale Dynamic Income Fund to allow qualified clients to participate in the benefits of staking in crypto assets

STAMFORD, Conn., Oct. 19, 2023 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world’s largest crypto asset manager, today announced it filed with the U.S. Securities and Exchange Commission (“SEC”) a registration statement on Form S-3 to register shares of Grayscale Bitcoin Trust (BTC) (OTCQX: GBTC) under the Securities Act of 1933, as amended (the "Securities Act").

STAMFORD, Conn., Jan. 05, 2024 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world’s largest crypto asset manager*, and manager of Grayscale® Digital Large Cap Fund (OTCQX: GDLC) (Digital Large Cap Fund), Grayscale® DeFi Fund (OTCQB: DEFG) (DeFi Fund), and Grayscale® Smart Contract Platform Ex-Ethereum Fund (GSCPxE Fund), today announced the updated Fund Component weightings for each product in connection with their respective fourth quarter 2023 reviews.

Firm Files Registration Statement with the SEC to Expand ETF Offerings

American voters value financial stability as much as their health and family, and feel that inflation is currently the most pressing issue in America

The Firm’s sixteenth publicly-quoted investment vehicle increases investors’ ability to access digital assets through a familiar, secure, regulated U.S. security

STAMFORD, Conn., Oct. 05, 2023 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world’s largest crypto asset manager, and manager of Grayscale® Digital Large Cap Fund (OTCQX: GDLC) (Digital Large Cap Fund), Grayscale® DeFi Fund (OTCQB: DEFG) (DeFi Fund), and Grayscale® Smart Contract Platform Ex-Ethereum Fund (GSCPxE Fund), today announced the updated Fund Component weightings for each product in connection with their respective third quarter 2023 reviews.

Investors can now access diversified exposure to the DeFi ecosystem through a single, publicly-quoted investment vehicle

The filing reflects Grayscale’s ongoing commitment to converting its entire family of crypto investment products to ETFs

STAMFORD, Conn., Nov. 16, 2022 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world’s largest digital currency asset manager, today reaffirmed that the safety and security of the holdings underlying Grayscale’s digital asset products are unaffected by recent market events and continue to operate business as usual.*

Over the last decade, Grayscale products have given more than one million investors the ability to access digital assets, and the brand refresh prepares the firm for continued growth

Survey reveals opportunity for financial advisors to embrace young and diverse investors’ deep enthusiasm for cryptocurrency

STAMFORD, Conn., Sept. 18, 2023 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world’s largest digital currency asset manager and the sponsor of Grayscale Ethereum Trust (OTCQX: ETHE) and manager of Grayscale Digital Large Cap Fund (OTCQX: GDLC) (each a “Product” and collectively, the “Products”), announced today that on behalf of the record date shareholders of each Product as of the close of business on September 26, 2022 (the "Record Date Shareholders"), it has irrevocably abandoned all of the rights to Ethereum Proof of Work tokens (“ETHPoW”) distributed to such Record Date Shareholders.

Brief argues SEC’s denial of Grayscale’s conversion of Grayscale Bitcoin Trust (GBTC) to spot Bitcoin ETF was arbitrary, capricious, and discriminatory

STAMFORD, Conn., Aug. 29, 2023 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world’s largest digital currency asset manager, today announced the D.C. Circuit Court of Appeals ruled in Grayscale’s favor in its lawsuit challenging the decision by the Securities and Exchange Commission (SEC) to deny conversion of Grayscale Bitcoin Trust (BTC) (OTCQX: GBTC) to an ETF*.

Grayscale Investments®, the world’s largest cryptocurrency asset manager, and the New York Giants today announced their exclusive partnership making Grayscale the Official Digital Currency Asset Management Partner of the New York Giants. Grayscale is the first cryptocurrency partner of an NFL team, and the partnership reflects both Grayscale and the Giants commitment to supporting the New York metro area, home to Grayscale’s headquarters.

STAMFORD, Conn., July 07, 2023 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world’s largest digital currency asset manager, and manager of Grayscale® Digital Large Cap Fund (OTCQX: GDLC) (Digital Large Cap Fund), Grayscale® DeFi Fund (OTCQB: DEFG) (DeFi Fund), and Grayscale® Smart Contract Platform Ex-Ethereum Fund (GSCPxE Fund), today announced the updated Fund Component weightings for each product in connection with their respective second quarter 2023 reviews.

STAMFORD, Conn., June 09, 2023 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world’s largest digital currency asset manager and sponsor of Grayscale® Filecoin Trust (FIL) (OTCQB: FILG) (the “Trust”), today announced it has filed a request with the Securities and Exchange Commission (SEC) seeking withdrawal of the Trust’s Registration Statement on Form 10. Grayscale intends to continue providing reports for the Trust according to the Alternative Reporting Standards of the OTCQB®.

STAMFORD, Conn., May 17, 2023 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world’s largest digital currency asset manager and sponsor of Grayscale® Filecoin Trust (FIL) (OTCQB: FILG) (the “Trust”), today shared an update about the status of the Trust’s Registration Statement on Form 10. Grayscale filed the registration statement with the Securities and Exchange Commission (SEC) on April 14, 2023, to register shares of the Trust pursuant to Section 12(g) of the Securities Exchange Act of 1934.

STAMFORD, Conn., April 06, 2023 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world’s largest digital currency asset manager, and manager of Grayscale® Digital Large Cap Fund (OTCQX: GDLC) (Digital Large Cap Fund), Grayscale® DeFi Fund (OTCQB: DEFG) (DeFi Fund), and Grayscale® Smart Contract Platform Ex-Ethereum Fund (GSCPxE Fund), today announced the updated Fund Component weightings for each product in connection with their respective first quarter 2023 reviews.

The firm continues to explore options to distribute rights to record date shareholders

STAMFORD, Conn., Jan. 06, 2023 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world’s largest digital currency asset manager, and manager of Grayscale® Digital Large Cap Fund (OTCQX: GDLC) (Digital Large Cap Fund), Grayscale® DeFi Fund (OTCQB: DEFG) (DeFi Fund), and Grayscale® Smart Contract Platform Ex-Ethereum Fund (GSCPxE Fund), today announced the updated Fund Component weightings for each product in connection with their respective fourth quarter 2022 reviews.

Brief argues SEC’s denial of Grayscale’s conversion of Grayscale Bitcoin Trust (GBTC) to spot Bitcoin ETF was arbitrary, capricious, and discriminatory

STAMFORD, Conn., Oct. 06, 2022 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world’s largest digital currency asset manager, and manager of Grayscale® Digital Large Cap Fund (OTCQX: GDLC) (Digital Large Cap Fund), Grayscale® DeFi Fund (DeFi Fund), and Grayscale® Smart Contract Platform Ex-Ethereum Fund (GSCPxE Fund), today announced the updated Fund Component weightings for each product in connection with their respective third quarter 2022 reviews.

Firm Launches Grayscale Digital Infrastructure Opportunities LLC to allow accredited investors to access infrastructure that powers the digital asset ecosystem