GBTC premium matches Bitcoin price crash levels as unlocking fear fades

The Grayscale Bitcoin Trust (GBTC) is echoing bullish sentiment in Bitcoin (BTC) as its premium over spot price rises to its highest since May.
Data from analytics resource Bybt shows that on Tuesday, the so-called Grayscale premium stood at -5.88%. The last time it was closer to zero was on May 25.

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Weekly roundup: Ark Invest, Edge Wealth Management, and Rothschild Investment accumulate crypto

As the price of Bitcoin returned to more than $32,000 this week, some major firms announced they had increased their exposure to cryptocurrencies through Grayscale’s crypto trusts.
According to a Friday filing with the U.S.

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Grayscale’s Litecoin Trust (LTCN) is Trading at a 463.95% Premium – Ethereum World News

Grayscale’s Litecoin Trust (LTCN) is trading at a 463.95% premium
Each LTCN is trading at $59.83 in pre-market trading
Each LTCN represents 0.09187613 LTC which is an actual value of roughly $10.42 using a Litecoin rate of $113.40
Grayscale’s Litecoin Trust now holds LTC worth $168.

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Uniswap (UNI) to Be Allocated 49.95% of Grayscale’s New DeFi Fund – Ethereum World News

Grayscale Investments is has launched a new DeFi fund
The DeFi fund will provide investors with weighted exposure to the top 10 DeFi tokens according to market cap
They include Uniswap (UNI), Aave (AAVE), Compound (COMP), Curve (CRV), MakerDAO (MKR), SushiSwap (SUSHI), Synthetix (SNX), Yearn Financ

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Grayscale sets sights on institutional DeFi fund

Michael Sonnenshein, CEO of digital asset management giant Grayscale, has announced a new investment vehicle for the firm targeted at decentralized finance (DeFi) assets.
Sonnenshein announced Grayscale’s planned DeFi Fund and Index during an appearance on CNBC’s Squawk Box.

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Record outflows from Canada’s biggest Bitcoin fund see BTC reserves drop by 50%

A Canada-based Bitcoin fund, operated by 3iQ Corp, has witnessed a dramatic decline in its BTC reserves since June.
Literally named the Bitcoin Fund (QBTC:CN), the closed-end investment product, was holding around 24,000 BTC in its vaults in early June.

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