ETHE News and Press, Grayscale Ethereum Trust (ETH) - Units From 03/01/23

Summary John Paulson’s 13F portfolio value decreased from $1.37B to $1.11B this quarter. Paulson & Company decreased AngloGold Ashanti while increasing Agnico Eagle Mines. The top three positions are at 47% of the portfolio. For further details see: ...

Summary On January 20, 2023, the price of Bitcoin broke the bearish trend that had been going on for fourteen months and thus brought a touch of optimism to the market. The interest rate hike by the Fed does not contribute to a significant increase in optimism about Bitcoin. This ar...

Summary Previous leaders of the old bull market are unlikely to see new highs. Each new bull market typically heralds new leadership, in the form of new sectors and stocks. Artificial Intelligence stands a strong chance of taking up the leadership baton. Cryptos and related stoc...

Summary The Grayscale Digital Large Cap Fund trades at an even steeper discount to NAV than its larger peers. This is likely caused partly by its manager selling into a crypto bear market. There are legitimate business reasons for Grayscale to desire to turn these products into ETFs...

Summary The Grayscale Ethereum Trust is trading at a 55% discount to net asset value. This is likely caused partly by its manager selling into a crypto bear market. Turning its crypto trusts into ETFs would instantly cure the discounts on these CEFs. There are legitimate busines...

Cryptocurrency conglomerate Digital Currency Group has started offloading shares in a number of trusts operated by its subsidiary Grayscale Investments at a deep discount, the Financial Times reported Tuesday, citing U.S. securities filings. The sales come as DCG seeks to raise funds to r...

Summary Bitcoin’s 30-day volatility plunged below that of the S&P 500 Index’s in early January, as both buyers and sellers looked elsewhere amidst declining liquidity. The lack of a Bitcoin spot ETF serves as a powerful symbol from U.S. regulators that the asset is not...

Summary In the past month, GBTC's discount to NAV has shifted from around 48% to 36% while bitcoin has rallied. This is likely a result of a sentiment shift in the crypto market, rather than any fundamental news regarding GBTC itself. We are fading this move; in the last couple days...

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 ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Grayscale might be one of the crypto industry’s most reputable investing vehicles. Still, that doesn’t mean that the company is a safe haven for investors. Grayscale’s portfolio remains as endangered by t...