Buying frenzy puts some Grayscale crypto funds at 'absurd' premiums
Grayscale Filecoin Trust hit high of more than 10 times underlying value of its assets in November
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Grayscale Filecoin Trust hit high of more than 10 times underlying value of its assets in November
The crypto market is filled with ups and downs, with innovations trickling in and weak ones toppling out of play. Over the years, Cosmos (ATOM) and Filecoin (FIL) have made their impacts in revolutionizing blockchain. However, TMS Network (TMSN) has emerged as a reigning crypto colossus, putting Cosmos (ATOM) and…
Grayscale and Bitwise have suspended their plans to launch an Ether (ETH) futures exchange-traded fund (ETF).
Grayscale noted that it doesn't believe that FIL is security and seeks to respond to the SEC staff with a legal basis for their position.
Grayscale Investments said it received a comment letter from the SEC staff with the view that the Filecoin Trust's underlying asset meets the definition of a security.