The Daily Hodl
2023-01-01 17:55:11

Crypto Investment Firm Valkyrie Wants To Take Over Grayscale Bitcoin Trust, Says It’s Time for a Change

Crypto asset manager Valkyrie Investments says it is interested in sponsoring and managing Grayscale’s publicly traded Bitcoin (BTC) fund. In a new statement, Valkyrie co-founder Steve McClurg announces the firm’s proposal to take over the Grayscale Bitcoin Trust (GBTC) as shares of the world’s largest Bitcoin fund trade below 45% the spot price of BTC. The post Crypto Investment Firm Valkyrie Wants To Take Over Grayscale Bitcoin Trust, Says It’s Time for a Change appeared first on The Daily Hodl .

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