Grayscale Prepares for Bitcoin ETF And Hires Invesco Expert

Grayscale Prepares for Bitcoin ETF And Hires Invesco Expert

Grayscale, a crypto asset manager, has hired John Hoffman as Managing Director and Head of Distribution and Strategic Partnerships. Hoffman, who previously served as the Head of Americas at investment manager Invesco, brings his wealth of industry and ETF expertise to Grayscale. He will lead the distribution and partnerships team, which is responsible for promoting…

FTX Granted Court Approval to Sell $873M Worth Of Grayscale and Bitwise Trust Assets

FTX Granted Court Approval to Sell $873M Worth Of Grayscale and Bitwise Trust Assets

FTX estate has been granted approval to sell its trust assets, which includes shares in Grayscale and Bitwise investment funds, worth approximately $873 million, according to a Delaware bankruptcy court document filed on Friday. The court has authorized FTX to execute sales of the trust assets in their reasonable business judgment, in accordance with the…