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Cryptocurrencies: 29296
Markets: 112882
Market Cap: $2,081,144,566,372     
24h Vol: $81,017,915,379
Bitcoin.com 2023-01-01 22:00:24

Valkyrie Reveals Intention to Sponsor Grayscale’s Bitcoin Trust as GBTC Discount to NAV Widens

Valkyrie Reveals Intention to Sponsor Grayscale’s Bitcoin Trust as GBTC Discount to NAV Widens
Valkyrie Investments, a Tennessee-based asset manager, has announced its intention to become the new sponsor of Grayscale’s Bitcoin Trust (GBTC). The company states that it is “uniquely qualified” for the role and plans to facilitate redemptions at net asset value (NAV) through a Regulation M filing. Valkyrie Offers to Take Over Management of Grayscale’s Bitcoin
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