Grayscale Bitcoin Trust (GBTC) Башталыштагы ликвиддүүлүк көйгөйлөрүнөн тышкары

• The GBTC managing company is in news with its sister company, Genesis amid FTX collapse. 
• Grayscale says no to proof-of-reserves and shares trades at huge discounts to BTC. 

What Does the Report Say?

Bernstein said in a research report, as the sister company Genesis Global Capital said it is halting its customer withdrawals in the wake of the FTX collapse, Grayscale Bitcoin Trust (GBTC) is in the news as the situation stays. 

Башталыш өзүнүн кредиттик китеби үчүн ликвиддүүлүк маселелерине туш болуп жатат жана ал банкроттукка арыз бере турган болсо, кредиторлор GBTC активдерин талап кыла албайт. Кабарда айтылгандай, бул GBTC кыйыр түрдө Башталыш таасирин тийгизет дегенди билдирет. 

Grayscale Bitcoin Trust, which trades under the name GBTC, is an investment vehicle that acts the same way as a stock, in which each piece of share depicts a particular portion of Bitcoin (BTC). It was formed back in 2013 with the objective of transforming it into an exchange-traded fund (ETF) in over-the-counter markets. 

Analysts manas Agrawal and Gautum Chhugani wrote:

“GBTC’s trust structure protects its holders and remains ring-fenced from failures within DCG or DCG group entities.”

According to CNBC, Grayscale,  which is the asset management company laying the world’s largest BTC fund. The company officials said in a statement that they would not publicize their Proof-of-Reserves- 

“Due to security concerns, we do not make such on-chain wallet information and confirmation data publicly available through a криптографиялык Proof-of-Reserve, or other advanced cryptographic accounting procedure.”

Grayscale, Genesis Amid FTX Collapse

Кийин крипто exchange FTX filed for bankruptcy under Chapter 11, which was also accused of mishandling customers’ funds by the United States Securities and Exchange Commission (SEC). After that, many exchanges, for example, Huobi, Bitget, Bybit and Gate.io, have jumped to disclose Proof-of-Reserves to win the investors’ trust that their funds are safe. 

The CEO of the world’s largest крипто exchange was the first to suggest the revelation of Proof-of-Reserves. Also, he had already shared the wallet address publically and noted that the Proof-of-reserves would be presented soon. 

According to the Coin Republic, Grayscale confirms that the cryptocurrencies Америка тарабынан жөнгө салынган жана ачык сатылуучу жалгыз крипто биржасы болгон Coinbaseтин көзөмөлү астында мезгил-мезгили менен валидациялардан өтүшөт.

On November 19, Grayscale remarked that following in a long Twitter thread-  

“6) Coinbase frequently performs on-chain validation. Due to security concerns, we do not make such on-chain wallet information and confirmation information publicly available through a криптографиялык Proof-of-Reserve, or other advanced cryptographic accounting procedure.”

Digital Currency Group (DCG) is the parent company of Grayscale Investments, Genesis and Coindesk. According to Bernstein, DCG’s owned Grayscale is their  “flagship  business and cash cow” which profits them $300 million annually in fees. 

The note discussed that GBTC had presented a massive 45% discount in trades to the price in par to BTC, which means that the investors can only exit after a six-month freeing after the end of the lock-in period. 

Эндрю – блокчейнди иштеп чыгуучу, ал криптовалютага болгон кызыгуусун окууну аяктагандан кийин өрчүткөн. Ал майда-чүйдөсүнө чейин кылдат байкоочу болуп саналат жана иштеп чыгуучу болуу менен бирге жазуу үчүн өзүнүн кумарлануу менен бөлүшөт. Анын блокчейн жөнүндөгү билими анын жазганына уникалдуу көз карашты берүүгө жардам берет

Эндрю Смиттин акыркы билдирүүлөрү (баарын көрүү)