According to an investor letter cited by the Wall Street Journal, Grayscale Investments is considering options to return a fraction of the Investor Capital of its flagship Grayscale Bitcoin (GBTC) product. It is only possible if the Securities and Exchange Commission (SEC) declines to endorse its spot bitcoin exchange-traded fund (ETF). Grayscale to Return 20% of Investor Capital The 20% of GBTC shares that are still outstanding and are trading at a 49% discount to net asset value (NAV) might be one alternative, according to the research. In an earlier brief, the SEC cited a lack of regulatory monitoring as The post Grayscale Investments to Explore Returning 20% of Investor Capital appeared first on Cryptoknowmics-Crypto News and Media Platform .
