Grayscale Investments
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Grayscale Investments Extends Review Period for ETHPoW Shareholders’ Equity Distribution
On March 17th, Grayscale Investments, a digital asset management company, released the latest information on the distribution of shareholders’ equity in ETHPoW (ETHW), announcing that it had previously allocated ETHPoW tokens to its Grayscale Ethereum Trust (OTCQX: ETHE) and Grayscale Digital Large Cap Fund (OTCQX: GDLC) products on September 16th, 2022, Previously, Grayscale sought to become an agent for the equity holders of these ETHPoW tokens and intends to sell them as soon as possible, which is expected to be no more than 180 days from the record date. However, today Grayscale announced that it will extend the review period. During this period, it will continue to assess the market environment to determine whether ETHPoW tokens can be obtained, and whether, when, and how to sell ETHPoW tokens on behalf of shareholders, The review period is currently not expected to exceed 180 days from the date of signing this agreement. Grayscale has not yet sold the ETHPoW tokens allocated to…
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Grayscale’s GBTC Application Rejected for Bitcoin Spot ETF
It is reported that the two sides have held a court debate in the District of Columbia Court of Appeal against the rejection of Grayscale Investment\’s applicat…
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FTX Affiliate Sues Grayscale over Redemption Ban for Bankrupt Cryptocurrency Exchange
According to reports, FTX, the bankrupt cryptocurrency exchange, said that its affiliate Alameda Research had filed a lawsuit against Grayscale Investments, th…
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Grayscale Sues SEC Over Rejected ETF Application
It is reported that Grayscale Investments filed a lawsuit against the United States Securities and Exchange Commission (SEC) in Washington, and the two sides w…
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Grayscale Investments CEO expresses concern over SEC’s lack of protection for investors
According to reports, Michael Sonnenstein, CEO of Grayscale Investments, said in a recent podcast interview that \”it is impossible to imagine\” why the United S…