Grayscale

Gary Gensler, SEC Chair, highlights risks cryptocurrencies pose to financial systems, focusing on altcoin trading and market manipulation. He discusses institutional adoption of XRP Ledger and Grayscale's Ether staking plans amid regulatory talks.

October 2023 saw Bitcoin prices surge due to false ETF news, GBTC discount narrowing, and positive market trends. Other cryptos like Ether and Solana also experienced gains. Uniswap introduced new fees, and the ECB advances digital euro plans. Discover how Bitlet.app's crypto installment service helps you buy your favorite assets more affordably.

On August 6, 2024, Ethereum's price dropped sharply by 26% to $2,116, coinciding with significant ETF activity including notable inflows into BlackRock's Ethereum ETF and outflows from Grayscale's Ethereum Trust, amidst a broader crypto market downturn.

The U.S. Securities and Exchange Commission has temporarily halted the launch of Grayscale's Digital Large Cap Fund ETF, focusing on listing standards rather than political factors. This move highlights the evolving regulatory environment for crypto investment products.

The U.S. SEC has halted approval of Grayscale's Digital Large Cap Fund ETF, pointing to listing standards issues rather than politics. This raises important questions about the future of crypto ETFs in the U.S. market.