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home / news releases / ETHE - Bitcoin crumbles even as good news rolls in

ETHE - Bitcoin crumbles even as good news rolls in

Grayscale Ethereum Trust (ETH) - Units
The new presidential administration has brought with it a freeze on what had been a last-minute bit of rule-making by the outgoing Treasury Secretary Steven Mnuchin. The proposal by Mnuchin and team would have put a bit more of a regulatory squeeze on crypto by requiring exchanges to extract detailed personal information from anyone trying to withdraw their holdings to unhosted wallets.In other good news, it was noticed yesterday that the $7.8T asset management giant Blackrock has filed to begin offering bitcoin exposure to their clients.As always, there's plenty of FUD to go around, including incoming Treasury Secretary Janet Yellen having some not so nice things to say about bitcoin (BTC-USD) in her confirmation hearing. Folks should also keep their eyes on the Tether (USDT-USD) story. That crypto has been under investigation for some time by the New York Attorney General. Some argue tether is a scam, with tens of

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Bitcoin crumbles even as good news rolls in
Stock Information
Company Name: Grayscale Ethereum Trust (ETH) - Units
Stock Symbol: ETHE
Market: OTC
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