Investments
GBTC discount widens to highest point in 2023
GBTC's discount has widened to over 47% following the struggles of its parent company, Digital Currency Group (DCG).
Oluwapelumi Adejumo 1 min read 
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Oluwapelumi Adejumo 1 min read 
Trading
DCG sells $22M worth of Grayscale shares to raise funds
DCG sold some of its Grayscale Ethereum shares at $8 per share — raising approximately $22 million, according to the Financial Times.
Legal
Grayscale faces lawsuit from rival Osprey over long-awaited ETF conversion
The smaller firm has complained about Grayscale's promises around GBTC.
More Grayscale News & Analysis
Regulation
Grayscale, SEC will voice oral arguments over GBTC ETF conversion in March
The next stage of legal proceedings will take place sooner than expected.
Legal
Grayscale says recent events will not affect GBTC conversion case against SEC
Craig Salm said GBTC conversion to a spot BTC ETF will "effectively close the current discount to NAV and unlock over $4 billion of value."
Bear Market
Grayscale Ethereum Trust trades at record 59% discount
Nearly all Grayscale funds have been trading at high discount rates.
Trading
Grayscale may offer to buyback GBTC if ETF conversion fails – WSJ
Grayscale Investment CEO Michael Sonnenshein has informed GBTC shareholders that the firm could offer to buy back up to 20% of the outstanding shares worth approximately $10.7 billion,
Analysis
Grayscale’s GBTC discount nears 50% causing further concern in community
Crypto analyst Willy Woo said selling GBTC is bullish for Bitcoin's price, as it leads to buying spot BTC.
Crypto
CryptoSlate Wrapped Daily: FTX took $3.7B loss in 2021; Coinbase reveals Grayscale Bitcoin reserves
Bank of England speculates FTX collapse is a result of FTT run, Litecoin recently climbs market cap ranking, and much more in this edition of CryptoSlate Wrapped Daily.
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Analysis
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Legal
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Crypto