Extreme Investor Network

Grayscale CEO predicts decrease in GBTC Bitcoin ETF fees in the future

March 19, 2024

Grayscale CEO says GBTC Bitcoin ETF fees will come down over time

Grayscale CEO Michael Sonnenshein Discusses Fee Reduction for GBTC ETF In a recent interview on CNBC, Michael Sonnenshein, CEO of Grayscale Investments, shared insights about the firm’s flagship product, the Grayscale Bitcoin Trust ETF (GBTC). … Read more

World’s Biggest Crypto Fund Hits Record 42% Discount to Value of Bitcoin It Holds

November 14, 2022

(Bloomberg) — Problems are multiplying for the world’s biggest crypto fund as chaos engulfs the industry in the wake of exchange FTX’s shock bankruptcy filing. The $11.4 billion Grayscale Bitcoin Trust (ticker GBTC) has plunged … Read more