Newsfeeds - Spark Newswire

1 minute read

Grayscale Struggles With Dwindling Investor Interest In Ethereum, Bitcoin Trusts

Today, 8:51 AM

The Grayscale Ethereum Trust (ETHE) has reached a record discount of 59.39% compared to the price of Ethereum (CRYPTO: ETH), according to data from YCharts.

BTC

1 minute read

Financial Times Reported Earlier SEC Doubles Down on Decision to Reject Grayscale Spot ETF

By Charles Gross

Today, 8:51 AM

https://www.ft.com/content/3f113f11-b5ea-4cf3-b2bb-2d9059f6b18c

GBTC

2 minute read

Cathie Wood Says This Data Point Shows It Was ‘No Wonder’ That Sam Bankman-Fried Disliked Bitcoin

By Mehab Qureshi

Today, 8:51 AM

Ark Investment Management CEO Cathie Wood believes the decentralization and transparency of Bitcoin (CRYPTO: BTC) make it unsuitable in the eyes of former FTX CEO Sam Bankman-Fried.

BTC

2 minute read

NY Hedge Fund Fir Tree Sues Cypto Asset Manager Grayscale As GBTC Drops To A Record-Low Discount Of 43% Vs Bitcoin

By Murtuza Merchant

Today, 8:51 AM

Digital currency investing and cryptocurrency asset management Grayscale Investments is being sued by New York-based hedge fund Fir Tree Capital Management for "potential mismanagement and conflicts of interest" at the company's flagship Bitcoin (CRYPTO: BTC) fund, Bloomberg

BTC

8 minute read

News

Sen. Warren Demands Answers From Silvergate Bank About Its Business Dealings With FTX

By Benzinga Newsdesk

Today, 8:51 AM

When it came to pitching banking services to the crypto community, Silvergate Bank held an ace card: an endorsement from none other than Sam Bankman-Fried, the celebrity founder of FTX, a large and

GBTC

1 minute read

Who’s Benefiting From FTX Collapse? Definitely Not Centralized Exchanges, Says Cathie Wood’s ARK

By Mehab Qureshi

Today, 8:51 AM

The implosion of the FTX (CRYPTO: FTT) cryptocurrency trading platform has had reverberations throughout the digital currency sector, although some market participants have profited from the collapse.

$FTT